Pramesh S Jain & Dr.Thomas (Special Correspondent)
T
he Cyber wing of the Central Crime Branch officials busted a fake e bank guarantee racket and arrested a 45-year-old Charted accountant who is operating from Kuwait and duped many beneficiaries to the tune of Rs. 168 crore to secure loans and other benefits from the banks.
The fraud came top light when national e governance service limited officially verifying the e bank guarantees detected 11 applicants have submitted fake e guarantees and filed a complaint with the Shivajinagar police.
Considering the ramification,the CCB cyber crime team over the case and track down Ashish Roy,from Uttar Pradesh operating from Kuwait .
Ashish used to source the details of the victims through his professional network,approach them on the pretext of helping them to get e-bank guarantee and uploaded the same in the private banks to facilitate financial transactions and other benefits without much faster without scrutiny.
The accused had taken Rs.5 crore commission for the service which according to an estimation incurred a financial loss to the bank to the tune of Rs.168.13,23,944, a senior police officer, said.
Initially the bank had filed a complaint against the 11 beneficiaries who were questioned by the CCB team before zeroing in on the Ashish Roy to Kuwait .
The CCB got issued a look out circular and convinced his family members,from a army background to call him to home town citing emergency situation.
The accused was caught as soon as he landed in the airport.
The accused has now been taken into custody for a detailed investigations to ascertain his network and criminal background.
City police commissioner,B.Dayananda,appreciated the CCB team for cracking the case and announced reward for the good piece of investigation.
