Couple among five held for bank fraud

Kuppusamy (44) of Mittanamelli near Avadi and his wife Mallika (39) approached the South Indian Bank branch in Tambaram a year ago seeking a loan of Rs 1 crore to start a business. As the mortgage for the loan, they pledged a house in Uthukottai in Tiruvallur district, which belongs to Kuppusamy’s sister Thenmozhi who was also present while availing the loan.

However, after the couple failed to pay interest, the bank verified their house documents and realised it was fake. They then found out that the woman who appeared as Thenmozhi was an impersonator. Based on a complaint, the Anti-Bank Fraud Wing police registered a case and arrested the couple, and S Mohankumar (46) of Jafferkhanpet, A Muralidharan (49) of Alapakkam and S Sreenivasan (53) of Annanur.

Police said the trio helped the couple in preparing the forged documents. They have cheated banks in a similar manner, police said, adding that Mohankumar helped others to get bank loans claiming to be an auditor.