CBI registers case against 4 for cheating SBI of around Rs 35.46 crore
New Delhi: CBI has registered a case of cheating against four persons and a private company for allegedly obtaining a loan from State Bank of India by fraudulently mortgaging properties which were already sold to someone else.
The case has been registered on a complaint from State Bank of India against two private persons, their company and two advocates under IPC sections related to criminal conspiracy, cheating, forgery among others, CBI spokesperson said.
"It was alleged that the accused entered into criminal conspiracy to cheat State Bank of India to the tune of around Rs 35.46 crore for obtaining loan from the bank. It was further alleged that the accused fraudulently mortgaged several properties to the bank which were already sold/alienated before the said mortgage," she said.
The official said searches were conducted at the residential premises of the accused persons which led to recovery of incriminating documents.