Overview
- The Uttar Pradesh Special Task Force detained eight suspects on December 4 in Surajpur, Gautam Buddh Nagar, including alleged kingpin Ramkumar, a former loan executive with HDFC and Axis banks.
- Officials say the network secured loans exceeding ₹100 crore by using forged Aadhaar and PAN cards, fabricated salary slips and shell companies, with suspected collusion from builders and some bank staff.
- STF teams recovered 126 cheque books and passbooks, 170 ATM cards, dozens of forged IDs and electronic devices, impounded three vehicles, and froze about 220 linked bank accounts.
- The investigation began after an HDFC Bank staffer flagged suspicious loan applications, leading to a case registered at Surajpur police station under BNS provisions and Section 66D of the IT Act.
- Probe details include the misuse of identities of workers from Bihar and Jharkhand employed in Gulf countries and a ₹4.8 crore loan against a deceased Delhi resident’s property, with more arrests expected.