<![CDATA[Police said on Wednesday that a notorious con-man, Amit Verma of Uttar Pradesh along with his accomplices, Nitin Arora, Sandeep Khera, Ishita Arora and Vinod Arora has been arrested. The Proclaimed Offender, as declared by a court, cheated various nationalised banks of around Rs. 50 crore through loans raised on forged property documents. Police said that Verma was wanted by the Central Bureau of Investigation as well as Delhi Police in over 10 cases of duping of nationalised banks. They said Nitin Arora and his wife Ishita are already lodged in jail for the past two years. According to Deputy Commissioner of Police G. Ramgopal Naik, Verma was arrested on Tuesday night from his flat at Shakarpur. He had gone there to meet his family. A non-bailable warrant was also issued against him. He was accused of raising around Rs. 50 crore on a single property from various banks in Delhi and Noida. He was hiding in Delhi to escape from being arrested since two years. Forged documents were prepared of flats and plots already mortgaged with banks and huge loans were recovered against the same by he and his accomplices, Verma told the police. He added that the bank management complained to the CBI and Delhi Police in 2016, when officials of a Noida-based Bank of Maharashtra visited the property in question and found that other banks too had pasted notices regarding the loans and the mortgage of property.]]>
