The Economic Offences Wing (EOW) of Delhi Police has arrested 45-year-old Suresh Kumar, a prominent figure involved in a widespread bank fraud scheme. Kumar, who operated a cybercafé, used forged property documents and falsely assumed the identities of deceased individuals to obtain loans worth several crores from various financial institutions.
Kumar’s arrest follows an investigation into a loan taken in 2015, valued at Rs 3.2 crore. The loan was acquired using fraudulent documents linked to a deceased person. Known for his history of criminal activities, including forgery and fraud, Kumar admitted to creating fake documents to facilitate illegal transactions.
The police are actively continuing their probe to identify other individuals involved in the fraud and to dismantle a larger network of financial crimes.
