Couple arrested for taking car loan using fake documents

In a recent development, the Delhi Police has successfully apprehended a husband-and-wife duo, Deepak Goyal and Chanchal Goyal, for their alleged involvement in multiple cases of cheating amounting to crores of rupees. The investigation was initiated after Sanjeev Kumar, the chief manager of Allahabad Bank (now Indian Bank), filed a complaint against the couple and their associate, Vinay Aggarwal.

The complaint stated that the accused had cheated the bank by obtaining a car loan of Rs. 18.25 lakh using forged documents from a fictitious car dealership called Charu Motors. As the investigation progressed, it was revealed that the couple had also obtained three more car loans from Allahabad Bank using counterfeit documents.

The police traced the bank details of Charu Motors, which ultimately led them to Chanchal. On May 14, she was arrested in Rohini. Deepak, who was already in judicial custody at Tihar Jail, was formally arrested on May 17.

Further investigation unraveled the extent of their fraudulent activities. It was discovered that the couple had taken multiple car loans from Allahabad Bank’s BD Estate Branch, resulting in a wrongful loss of Rs. 49 lakh for the bank. Additionally, they had also acquired multiple home loans by mortgaging properties. The Central Bureau of Investigation (CBI) had already registered a case (RC-219/2013/E-0005) against them for allegedly cheating Punjab and Sindh Bank of approximately Rs. 4.5 crore.

The modus operandi employed by the accused involved fabricating documents for Charu Motors, applying for car loans, and then depositing the demand drafts into a fraudulent bank account under the name of Charu Motors in Mumbai. Once the funds were transferred to this account, they were subsequently redirected to other accounts.

The Delhi Police’s successful apprehension of Deepak Goyal and Chanchal Goyal marks an important milestone in their ongoing efforts to combat financial fraud. This case serves as a reminder of the importance of vigilance and thorough investigation in uncovering such deceitful activities. The authorities are committed to bringing all those involved to justice and ensuring that the victims receive the restitution they deserve.