Police Crime Branch nets a Nehru Place defaulter for fraud

The Fraud and Cheating Section of Economic Offences Wing (EOW) of Delhi Police's Crime Branch arrested Aman Kumar and five other accomplices for cheating a large number of individuals/concerns on the basis of misrepresentation of facts, by using fabricated documents and impersonation.

Earlier also he had duped Groovy Communications and Computer Mart of close to Rs 20 lakh. The story on that was published in the DQ Week issue dated August 30-September 5 2001. After that article was published, Kumar approached the paper and confronted the allegations with a confidence of an innocent victim. The DQ Week then ran another story, in which he reasoned out all the allegations on him.

However, the recent arrest has brought this defaulter in the limelight again. These arrests were made during the course of investigation of Case FIR No 64/2002 filed at Rajendar Nagar police station.

The accused induced the bank by false assurances, misrepresentation of facts through fake documents purportedly issued by Registrar of Companies, Income-tax returns, balance sheets, fake addresses of non-existent persons in order to procure credit cards/corporate cards to issue the Credit Cards in their favor. To lend credibility, the accused initially made payments of the goods purchased on the basis of said credit cards/corporate cards and once they won the confidence of the bank, made huge purchases.

During the course of investigation, it was ascertained that the PAN number mentioned by the alleged persons in the application form for procuring credit cards and some of the account numbers mentioned by the alleged persons in their respective applications forms were non-existent. Replies in the matter are awaited from Registrar of Companies in relation to the genuineness of the concerns. Sources were deployed to ascertain the whereabouts of the alleged persons. Intelligent surveillance of the team resulted in the arrest of the accused, Kumar, the brain behind this innovative criminal conspiracy.

The various modus operandi used by the accused persons were credit cards: accused persons prepared false income proofs/corporate documents to induce the bank and to convince them regarding their sound financial condition and business status and thereby succeeded in obtaining as many as 11 credit cards/corporate cards from American Express Bank Ltd.

ATM cards: accused Kumar in connivance with his brother Pawan Kumar and others used to intercept the renewed ATM cards being sent by post to the customers by the bank authorities, in collusion with the postal employees and subsequently ascertained the customer's ATM pin number, withdrew huge amounts of money from the concerned bank.

Charge slips: the accused persons used to procure charge slips prepared on the basis of purchases made by the genuine card holder. In fact, a number of charge slips used to be prepared by the concern without the knowledge of the card holders and subsequently the said charge slips were slipped on to others against consideration. Accused Ajay Gupta used to procure such charge slips and give it to accused Kumar against an amount of Rs 10,000 per charge slip. Accused Kumar used to further sell the same to various business concerns for a sum of Rs 20,000.

Foreign exchange: the accused persons contacted several money exchangers and represented themselves as leading corporate house and that their employees were regularly visiting foreign countries for export and business promotion purposes, thus justifying their requirement of foreign exchange.

Aman Kumar has been charged with nine cases and presently is in judicial custody and few of his accomplices are yet to be arrested.