| Get instant news updates: Click here to join our Whatsapp Group |
A bank employee has been arrested for his role in a multi-crore fake home loan scam. The accused, Shubham Saxena, is a resident of Sadopur Jhal, Badalpur. He earlier worked as a sales executive with HDFC Home Loans and was later posted as a team manager with SBI Home Loans in Delhi.
Police said that he played a key role in getting home loans approved using fake identities and forged documents. The scam was run with the help of fake papers and the involvement of some builders and bank employees.
Additional SP of the Special Task Force (STF), Noida, Rajkumar Mishra, said that gang members Tahir Hussain, Anil Sharma, and Ashok Kumar alias Rinki illegally obtained the original documents of a woman named Shahida Ahmed. These documents were later used to create a fake identity in the name of Ratna Vasudeva.
Another accused, Aman Sharma, used fake fingerprints of Shahida Ahmed to get Aadhaar and PAN cards made in the name of Ratna Vasudeva. Using these fake documents, a bank account was opened in Federal Bank. Later, a home loan of Rs 4.8 crore was transferred into this account from HDFC Bank.
The property registry for this loan was done on December 5, 2024, in the name of Sanaualla. However, Sanaualla did not appear at the registry office. Instead, Mohammad Wasi pretended to be Sanaualla, completed the biometric process, and got his photograph taken as the buyer.
Police also found that the two witnesses shown in the registry—Satish Sharma and Tarachand—were fake persons. Their Aadhaar cards were forged, and their photos were replaced with those of Tahir Khan and another associate named Iqbal. The fake mobile number linked to the Federal Bank account of Ratna Vasudeva was also found connected to Tahir Khan.
Earlier, the STF had busted the entire gang involved in creating fake identities to take home loans worth over Rs 100 crore from different banks across the country. Eight accused were arrested, including Ramkumar and Anuj Yadav from Ghaziabad, Nitin Jain and Ashok alias Deepak Jain from Delhi, Mohammad Wasi from Jharkhand, Shamshad Alam from Bihar, Indrakumar Karmakar from Gurgaon, and Tahir Hussain from Sambhal.
Police said that further investigation is ongoing to find more people involved in the scam and to trace the stolen money.
