Ghaziabad, Uttar Pradesh: Fake Gold Loans of around ₹1.46 crore have been uncovered at the Federal Bank’s Rajnagar branch. A bank investigation revealed that the pledged jewellery in 20 loan accounts was fake.
Of these, 17 accounts were referred through Rubik Fintech. The valuer is the same in all cases. Six individuals took gold loans from two accounts each. Based on a complaint filed by the bank, a case has been registered against 18 accused at the Kavinagar police station.
The bank’s senior manager, Shazia Bano, has filed a complaint with the police. Deepanshu Bansal, a resident of Delhi Gate, had gone to the Rajnagar branch of Federal Bank with an unknown person to take a gold loan by pledging gold jewellery.
He was accompanied by Harsh, an official from Rubik Fintech. The jewelry was certified as genuine by Deepak Dhalla, a gold loan appraiser. However, bank officials became suspicious and re-examined the jewelry, revealing it to be fake.
Bank employees attempted to stop the two men, but they fled. The bank reportedly has CCTV footage of the incident. Following this, the bank investigated other gold loan accounts.The investigation revealed that a member of Deepanshu Bansal’s family had previously taken a gold loan from the same branch. Subsequently, an investigation into the relevant accounts began. Investigations by bank officials and another independent appraiser revealed that the gold pledged in several accounts was fake.
The bank has alleged that Rubik Fintech executives Harsh and Anurag Singh sourced a large number of suspicious accounts. It also casts doubt on the role of Gold appraiser, Deepak Dhalla, who certified the jewellery as genuine.
The cases have been registered against Dipanshu Bansal, Mayur Bansal, Shahzad Khan, Siddharth Pandey, Alibin Hussain, Vikas, Kavita, Waseem Abbas, Ashwani, Mukul Kumar, Sahil Singh, Ankur Rajput, Dharamveer Ram, Mausim Khan, Kaifi Nauman, Harsh, Deepak Dhalla and Anurag Singh.
The bank’s complaint states that loans totaling ₹1.46 crore were disbursed to 20 accounts.
