5 held for duping banks with fake documents

BANGALORE: The Central Crime Branch (CCB) sleuths arrested five persons who cheated banks by mortgaging forged documents and availed Rs1 crore loan.
The accused have been identified as R Uma (51), Nagaraj (40), Krishna (40), Suresh (37) and Keshava (42). Police said the accused, used to present fake documents of BDA sites to many bank managers by promising them to pay bribe and thus availed loans. So far they have cheated Hanumanthanagar Cooperative Bank, BCC Bank, Syndicate Bank, Central Bank of India and other banks, police said. On a tip off, police arrested the accused at deputy commissioner's office premises. Police are on the look out for the other three accused.