Daijiworld Media Network - Lucknow

Lucknow, Dec 5: The Uttar Pradesh Special Task Force (STF) has dismantled a major inter-state bank loan fraud worth over Rs 100 crore, arresting eight members of a high-profile gang that used forged documents and fake identities to secure loans from multiple banks.

The operation, conducted by the STF’s Gautam Buddh Nagar field unit on Thursday, led to the arrest of kingpin Ramkumar, a former bank loan executive, along with Nitin Jain, Mohd Wasi, Shamshad Alam, Indra Kumar Karmakar, Anuj Yadav, Tahir Hussain, and Ashok alias Deepak Jain.

During the raid, officials seized forged Aadhaar and PAN cards, bank passbooks, cheque books, debit cards, laptops, mobile phones, and three cars.

The investigation began after HDFC Bank flagged suspicious loan applic

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