Kolkata: The Kolkata Police's detective department has arrested a man from Gujarat for obtaining a loan of Rs 2 crore by submitting forged documents, including fabricated ID papers and property deeds, in the name of a 75-year-old woman from Chitpore. The accused, Jayanta Ghosh, was the mastermind, said police, adding three others from the gang had already been picked up.
Police said the fraud came to light after the bank found that repayment instalments were not being paid. When the officials contacted the woman, the family was shocked and denied applying for or receiving any loan. With the help of their lawyer, Amartya, they lodged a complaint at Chitpore PS, from where the case was sent to Lalbazar.
Police said a gang, led Ghosh, obtained the loan by submitting forged papers, to make it appear that the elderly woman was the borrower. After the loan was disbursed, the accused diverted the money to different accounts, police said. During an initial investigation, police suspected Ghosh was hiding in Gujarat and trying to set up another fraud operation there. They tracked his location in Gujarat using mobile signals and arrested him.