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The Hindu

National

The Hindu Bureau

Six, including five of family, arrested for cheating banks

Police Jayanagar

The Jayanagar police arrested five persons belonging to a family and their friend for allegedly duping 22 different banks of ₹10 crore. The police said that the accused created fake property documents for a single property and borrowed loans from the banks pledging it.

The accused have been identified as Nagesh Bharadhwaj, Suma (wife of Bharadhwaj), Veda (Bharadhwaj’s sister), Sheshagiri (Veda’s husband), Satish (Bharadwaj’s brother), and Bharadwaj’s friend Veda.

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