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5.65 Crore Loan Fraud Case Sitabuldi Police Begin Probe Into Alleged Use of Deceased Man Identity

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5.65 Crore Loan Fraud Case Sitabuldi Police Begin Probe Into Alleged Use of Deceased Man Identity Good Morning Nagpur

A major alleged bank fraud case involving ₹5.65 crore has come to light in Nagpur, with Sitabuldi Police registering a case over a loan reportedly obtained using the identity and documents of a deceased man. According to a report published on September 20, 2026, the case involves allegations of forged documents and signatures being used to secure the loan from Standard Chartered Bank.

Police have reportedly booked five people in connection with the matter. Investigators are examining the documents, signatures and other records associated with the loan to determine how the alleged fraud was carried out and who was involved.

The case has raised questions about the verification of identity documents and loan-processing procedures. The investigation is ongoing, and the allegations remain subject to the police inquiry and subsequent legal proceedings.

Location: Sitabuldi, Nagpur
Loan amount: ₹5.65 crore
Allegation: Use of a deceased person's identity and forged documents
Police action: Case registered against five people; investigation underway.