Thane: Rabodi Police File Case Against Former Senior Official Of Co-operative Bank Among 3 Others For Duping 18 Flat Buyers Of ₹4 Crore Over 7 Years

Thane: Rabodi Police File Case Against Former Senior Official Of Co-operative Bank Among 3 Others For Duping 18 Flat Buyers Of ₹4 Crore Over 7 Years

The accused were identified as Santosh Baburao Waghmare alias Tigerbhai, owner and partner of several construction firms, Vinayak Digambar Wakankar, former assistant general manager of the co-operative bank, and Jagdish Bhale, the then senior clerk in the bank.

PTIUpdated: Saturday, June 15, 2024, 10:01 AM IST
article-image

Thane: Police have registered a case against three persons, including a developer and a former senior official of a co-operative bank, in Maharashtra's Thane city for allegedly cheating 18 persons to the tune of over Rs 4 crore under the pretext of giving them flats, an official said on Saturday.

The fraud took place between February 2017 and June 2024, he said.

About The Accused

The accused were identified as Santosh Baburao Waghmare alias Tigerbhai, owner and partner of several construction firms, Vinayak Digambar Wakankar, former assistant general manager of the co-operative bank and Jagdish Bhale, the then senior clerk in the bank, he added.

Details Revealed By The Complaint

As per the complaint, Waghmare had promised to hand over flats to the victims in his projects and taken money from them. He, along with the other accused, later got loans sanctioned from the bank by forging their signatures and indulged in a fraud to the tune of Rs 4,10,91,273.

Once the loan was sanctioned by the bank, the money used to be deposited into the bank accounts of Waghmare's firms without the knowledge of the victims. As the accused failed to give them the flats, the victims realised that they had been cheated. One of the victims then approached the police and lodged the complaint.

Based on the complaint, the Rabodi police registered the case on Thursday under Indian Penal Code (IPC) sections 420 (cheating and dishonestly inducing delivery of property), 465, 467 and 468 (all pertaining to forgery), 120B (criminal conspiracy) and others, the police said.

RECENT STORIES

Mumbai: ED Attaches IPS Officer's Husband's Assets Worth ₹14.02 Crore In ₹263 Crore Income Tax...

Mumbai: ED Attaches IPS Officer's Husband's Assets Worth ₹14.02 Crore In ₹263 Crore Income Tax...

Worli BMW Hit-And-Run Case: Bar Staff Including Operator Questioned For More Than 10 Hours

Worli BMW Hit-And-Run Case: Bar Staff Including Operator Questioned For More Than 10 Hours

Bombay HC Forms Special Bench For 7/11 Train Blasts Convicts' Appeals And Death Penalty Confirmation

Bombay HC Forms Special Bench For 7/11 Train Blasts Convicts' Appeals And Death Penalty Confirmation

Thane: Kalyan School Director Arrested For Abetment In 16-Year-Old Student's Suicide

Thane: Kalyan School Director Arrested For Abetment In 16-Year-Old Student's Suicide

Mumbai: Heavy Rains Cause Traffic Disruption In City; Anant Ambani-Radhika Merchant Wedding Leads To...

Mumbai: Heavy Rains Cause Traffic Disruption In City; Anant Ambani-Radhika Merchant Wedding Leads To...