EOW arrests one more fraudster in bank fraud case


Bhubaneswar: The Economic Offences Wing (EOW) today arrested one Abhilash Mohanty of Basudevpur in Cuttack district in connection with a bank loan fraud.

Acting on the basis of complaint registered by Pranab Kumar Roy, Senior Manager of Allahabad Bank, Nayasarak branch in Cuttack in the matter of fraudulent availing of loan to the tune of Rs 2.26 crore by 85 loanees under Sarala Loan scheme between December 2009 to March 2010 producing forged documents, EOW has booked the accused under sections 419/420/468/471/34 IPC.

During investigation, it has revealed that Mohanty had availed Rs 3 lakh by impersonating himself as Junior Engineer in the O/o Chief Engineer, Drainage of Gandarpur in Cuttack.

Earlier, 17 other persons have been arrested and forwarded to court.

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