Thursday, Apr 25 2024 | Time 19:34 Hrs(IST)
image
Entertainment » Other


Police held cheating couple

Hyderabad, jan 28 (UNI) : The city crime station police have arrested a couple -- Ms Esampalli Latha, the proprietor of HK Industries and her husband E Suresh Kumar, who is also the proprietor of Raj Industries , for cheating four branches of Central bank of India in the city with an amount of Rs 3.50 crore.
The accused couple, resident of Srungeri Colony, Nagole of Ranga Reddy district, are well educated and since 2010 the accused persons along with their close relatives and friends have colluded with each other, created fake and forged invoices, cash receipts, delivery challans on the names of different fictitious Engineering workshops, produced them as GENUINE before the four branches of Central Bank of India in the city with malafie and dishonest intention and obtained a loan of total amount around Rs. 3.50 Crores on the names of 11 units HK Industries, Raj Industries, Sree Industries, SK Industries, SL Industries, Latha Industries, Om Sreenidhi Industries, Vandana Industries, Mahalaxmi Industries, Venkateswara Industries, Chandana Industries for establishing the units at two rented premises at Tatti Annaram village, Hayathnagar Mandal in R.R. District for manufacturing Paper plates, Paper bags, Jute bags, Lamination Sheets, Note Books, Liner Boxes, Tiffin plates, Tea cups and cheated the bank.
The couple obtained loans from the four branches of Central Bank of India by placing the sign boards with different names at the same premises by showing the same machinery to the bank officials individually by suppressing the facts to another branch, Detective Department Joint Commissioner T Prabhakar Rao said in a release here today.
There is no row at position 0.
image