Archive · 2 Aug 2025
Mother-Son Duo Booked in Rs 2.25 Crore SBI Loan Fraud Case
A mother and son, along with an SBI loan officer and her husband, are in trouble.
They allegedly pretended to be a business to get a big loan from the bank.
They made up a fake company, Electronic Plaza, and said they would sell electronics.
The bank gave them 2.25 crore rupees.
The bank found out they lied, and the money was sent to the husband's company.
Now, the police are investigating and the bank is taking action.
An FIR was registered against a mother-son duo for allegedly creating a fake firm.
They are accused of fraudulently obtaining a Rs 2.25 crore loan from SBI.
The loan was approved with the alleged help of an SBI loan officer and her husband.
The loan was approved on March 29, 2024, without collateral or a guarantor.
A significant portion of the loan was transferred to a firm operated by the loan officer's husband.
- Who
- Afsana and Aman Hussain, Sakshi Singh, Shivam Agrawal, and others.
- What
- Mother-son duo, bank official, and her husband are accused of loan fraud.
- When
- The loan was approved on March 29, 2024; FIR registered on Friday.
- Where
- Bareilly, Uttar Pradesh, India.
- Why
- To fraudulently obtain a loan from SBI by creating a fake firm and false documents.
Accused's Actions
Bank's Findings
Fraudulent activities
Accused's Actions
Allegedly created a fake firm to obtain a loan.
Bank's Findings
Bank officials found forged documents.
- Accused
- Afsana, Aman Hussain, Sakshi Singh, Shivam Agrawal
- Bank
- State Bank of India (SBI)
- Loan Amount
- Rs 2.25 crore
- Firm
- Electronic Plaza (fictitious)
- Complainant
- Julie Singh, Chief Manager of SBI Branch, Bypass Road, Baheri
- Location of Funds Transfer
- Vishal Communication
- Date of Funds Transfer
- April 3, 2024 and October 15, 2024
