2 pledge forged RC books, held

Tirupur: Two knitwear unit employees were arrested on Tuesday for allegedly pledging forged registration certificate of a motorcycle in more than 25 financial companies and taking loans between Rs 30,000 and Rs 35,000 from each company.
“A financial company owner met his counterpart on Kangeyam Road recently and noticed that the same RC book was pledged with both. When they questioned the two borrowers - E Mariappan, 28, of Mahalakshmi Nagar, and C Santhana Lingam, 26, of Ganapathipalayam - the financial firms found that they have pledged forged documents,” said a police officer.

The borrowers were handed over to Nallur police. On interrogation, police found that the two were working in knitwear units and they had pledged forged documents in at least 25 financial companies and money lenders in Tirupur. The accused had confessed to the crime, the police officer said. tnn