Fraud agent held for Rs 1cr loan con with fake docus

MUMBAI: A 35-year-old woman who allegedly connived with five others impersonating an LIC agent and obtained a loan of Rs 1.32 crore by submitting fake LIC policies and duped Punjab & Sind Bank has been arrested.
The Dadar police on Monday arrested Rani Durairaj Perinabi, a history-sheeter from Vasai, against whom there are five similar cases of cheating.
While police arrested Perinabi, they are looking for her accomplices — Sonali Borese, Viashaili Shivgan, Manish Jaiswal, Deepak Daan and Ranjit Prasad and Prakash Bhet. Though the accused hatched the criminal conspiracy in April last year it came to light only after six loan applicants defaulted on its repayment.
Senior officials of the bank last month registered a case, alleging that a gang submitted forged LIC policies against which they procured loans for vehicles loans and defaulted. “Durairaj Perinabi and Sonali Borese approached the bank posing as LIC agents. Initially, their loan application was rejected by the bank. In April 2022, Perinabi and her accomplices sought loans against LIC policies. After preliminary verification, a loan of Rs 1.32 crore was sanctioned,” said an officer.