Pune, Maharashtra – A staggering scam amounting to Rs 4.30 crore has been unearthed in Pune, involving the illegal sale of flats owned by prominent builder Subhash Sanas. According to the police, unidentified perpetrators orchestrated a sophisticated scheme, forging documents, including Sanas’s power of attorney, to sell two flats in Lullanagar. Shockingly, a loan of Rs 5.50 crore was sanctioned by a bank without proper verification of these fraudulent documents.
The fraudulent activity came to light when Vitthal Bhore, holding power of attorney for Sanas, received a call from DBS Bank India Private Limited, requesting payment of the TDS amount. Further investigation revealed the involvement of bank employees and the sub-registrar of the haveli office in the crime.
Advocate Prashant Patil, representing Subhash Sanas, commented, “This is a very significant criminal conspiracy that requires a thorough investigation.”
Patil revealed that the entire conspiracy unraveled on January 13 when Bhore received a call from the bank. He discovered that one of the accused individuals posed as Bhore and fraudulently sold the flats to Patankar. Notably, Patankar submitted forged agreements and applied for a loan, which was sanctioned by bank employees without proper verification with Sanas or Bhore.
The Bharti Vidyapeeth Police have filed an FIR under sections 420, 406, 467, 468, 471, and 472 of the Indian Penal Code against Nitin Patankar, Prachi Patankar, Purushottam Patankar, Vivek Shukla, and employees of Bank of Maharashtra and DBS Bank.
