Case against 2 for cheating bank of Rs 27 lakh

Two persons are accused of cheating Union Bank to the tune of Rs 27 lakh by mortgaging an apartment, which had already been offered as security to the loan borrowed from Syndicate Bank.

The Narcotic and Economic Offences Police have registered a complaint.

Srinivas Shenoy of Karkala had purchased 1,150-square foot apartment at Lobo Residency in Marpady village of Moodbidri. Later, he availed of the loan from Syndicate Bank by mortgaging the said apartment. In November 2017, he had published an advertisement stating that he had lost original documents of the apartment and had obtained a no objection certificate.

Later, one Shobha, a resident of Managaladevi applied for a loan from Union Bank, Mallikatte branch to purchase the apartment owned by Shenoy. The loan application was filed jointly by Srinivas Shenoy and Shobha.

The officials who verified the documents had even sought a legal opinion as well and later sanctioned Rs 27 lakh. After sanctioning the loan, the file was sent to Union Bank branch at Pandeshwar.

Branch manager Ramesh Naik had transferred Rs 27 lakh from the account of Shobha to the Axis Bank, Moodbidri branch account of Srinivas Shenoy on December 7, 2017. In the meanwhile, the Syndicate Bank on May 16, 2018, had published an advertisement to auction the said apartment. Ramesh Naik, who happened to see the advertisement, later verified the document and detected the cheating.

During the verification, the bank officials noticed that Shobha too had created a fake bank statement to prove that she has an account at Canara Bank in Kasargod. The police have filed a case against Srinivas Shenoy and Shobha based on a complaint by Union Bank Manager Ramesh Naik.

Batteries stolen

Thieves have stolen batteries of eight lorries owned by Aithappa Poojary and his children at Vamanjoor on Monday night.

The eight lorries were used in the transportation of tiles, laterite stones and sand. The drivers had parked the lorries in a vacant land belonging to Poojary on Monday evening.

The incident came to light on Tuesday morning. The value of the stolen batteries is Rs 40,000.

Woman ends life

A puerperal woman committed suicide after she failed to have enough breast milk to feed her child, at Pucchemogaru on Monday afternoon.

The deceased is Divya (24), wife of Ranjith. It was said that she has a three-month-old baby. She did not have enough milk to feed the child and hence was dejected over it.