City
Epaper

Contractor duping bank of Rs 2.5 crores is at large

By Lokmat English Desk | Updated: December 2, 2021 21:45 IST

Aurangabad, Dec 2:The accused contractor, Balasaheb Pathrikar and his wife, who duped State Bank of India (SBI) of ...

Open in App

Aurangabad, Dec 2:

The accused contractor, Balasaheb Pathrikar and his wife, who duped State Bank of India (SBI) of Rs 2.64 crores by selling seven mortgaged plots are at large. It has been found that out of the seven plots, six plot owners sought loans from Life Insurance Corporation (LIC) of India and one nationalized bank for construction.

SBI divisional manager Manojkumar Singh on November 26 lodged complaint against Pathrikar and his wife the Kranti Chowk police station stating that they have duped the bank by taking loans of Rs 2.64 crores for which they had mortgaged seven plots at Wadgaon Kolhati in Waluj area and some other land. Later, it was found that they had sold the mortgaged plots in 2019 with the knowledge of the bank. Moreover, they bluffed the customers that there is no loan on these plots. The registration of the plots were done as per the ready reckoner rates.

In the investigation, it has been found that four persons had taken loans from LIC for construction on these plots and two from nationalized banks. However, the Pathrikar couple is still at large and the police have issued notice to them, the officers said.

Meanwhile, the plot owners who were duped by Pathrikar couple can come forward and lodge complaints with the economic offense wing, said the officers.

Tags: Balasaheb PathrikarManojkumar SinghindiaState Bank Of IndiaAurangabadLife Insurance CorporationBank branchesIndia servicesIcici groupNational payment corporation of indiaIndiUk-indiaLIC
Open in App

Related Stories

NationalOperation Sindhu: “We Saw Drones, Missiles,” Say Evacuated Students Recounting Life in Iran’s Warzone

NationalCOVID-19 Update: Mumbai Cases Drop Sharply; India’s Active Tally Drops By 428

CricketIndia vs India A Intra-Squad LIVE Streaming: When and Where To Watch Intra-Squad Match on TV and Online?

NationalLIC Eases Procedure of Policy Settlements for Air India Plane Crash Victims’ Families

Navi MumbaiNavi Mumbai News: Border Crackdown Forces Indian Woman to Part With Children and Husband Amid Citizenship Chaos

Aurangabad Realted Stories

AurangabadTwo night robberies within hours on Beed Bypass: over Rs 6.5 lakh looted in separate attacks

AurangabadPune man looted at knifepoint on Beed Bypass–Daulatabad stretch

AurangabadSpike in rural and urban violence grips Chhatrapati Sambhajinagar; stabbings, group clashes, and daylight robbery raise safety concerns

AurangabadYouth killed, two injured in knife attack outside chicken shop

AurangabadMeritorious students felicitated