The Central Crime Branch (CCB) of Chennai City Police has arrested four individuals from Andhra Pradesh in connection with a bank fraud case where they allegedly defrauded HDFC Bank of Rs2.47 crore. The accused used fabricated documents to secure personal loans.
The arrests came after a complaint was lodged by Dhiviyan Kumar, a member of the Credit Intelligence & Control Unit at HDFC Bank’s Aminjikarai branch. According to the police, the fraudsters posed as software engineers employed at Avance Consulting Service Pvt Ltd to obtain loans by submitting forged salary documents.
The accused were identified as C. Ekambaram, Kesava Gangaraju, and S. Krishnamoorthy. These individuals, with the help of Kumar, created fake salary slips to secure personal loans worth Rs1.04 crore. Kumar allegedly received a commission for his role in fabricating these documents.
The case highlights how the gang used a sophisticated fraudulent scheme to deceive the bank and acquire loans under false pretenses. The CCB has initiated further investigations into the matter.
