Chandigarh: Businessman accused in cheating case acquitted after 12 years

CHANDIGARH: The Chandigarh district court has acquitted one person in a case of forgery and cheating filed 12 years ago. He was acquitted after the prosecution failed to prove the case.
The accused, who is stated to be younger brother of the owner of a leading private firm in Chandigarh, was also a partner in the company, but he was accused of fraud and cheating with the complainant. It was alleged that he committed forgery, fabricated and tampered with the records of case for wrongful gains after causing wrongful loss to the complainant and his firm.
The matter dates back to October 17, 2008 when an FIR was registered against the accused for fraud and forgery on the complaint of the owner of the firm. It was mentioned that the complainant was the sole signing authority in bank having the account of firm. On November 16, 2005, the accused forged the signatures and changed the signing authority in bank to cheat complainant.
It was alleged that the accused withdrew Rs 2,75,531 from the bank without his knowledge, and later he got to know that on the basis of a forged letter, these withdrawals were made. It was also alleged that the accused later on May 8, 2006 got transferred the car in his name, which was in the name of the firm, by forging the signatures of complainant.
Defence counsel Anil Sharma argued that the accused was made a scapegoat by his elder brother for settling a civil dispute. It was also argued that he was falsely implicated in the case. After the arguments, the court acquitted him due to want of evidence.