Nachinola resident booked for cheating bank

MAPUSA: Mapusa Police have booked one Digambar Dhond from Nachinola for allegedly cheating a bank by producing fake gold as genuine and availing a loan of Rs 41.46 lakh.

According to the police, a senior manager and branch head of a prominent bank in Mapusa had lodged a complaint against Dhond for allegedly cheating the bank. Dhond failed to repay loan installments, the bank officials on checking the gold deposit verified it to be fake.

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Acting on the complaint Mapusa Police has registered an offence under Section 420 of IPC. 

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