Team Goemkarponn
VASCO: Vasco Police have registered a case of cheating and criminal breach of trust following a complaint by Sharavan Kumar Sharma, a resident of Baina, Vasco, against an accused identified as Mohammad Zaki Khan, whose address is currently unknown.
According to the complaint, between 2012 and 2014, Khan, acting as an agent of The Sahara Credit Co-operative Society Ltd, Vasco Branch, allegedly induced Sharma to invest Rs. 2,85,000 in a Fixed Deposit (FD) scheme of the society. However, Khan is accused of fraudulently obtaining a loan of Rs. 2,12,000 against the FDs in Sharma’s name, without his knowledge or consent.
Police said the accused then misappropriated the loan amount for personal use, thereby cheating the complainant.
An offence under Sections 406 (criminal breach of trust) and 420 (cheating) of the Indian Penal Code has been registered. The case is being investigated by PSI Mayur Sawant of Vasco Police Station, under the supervision of PI Vaibhav Naik and the guidance of Mormugao DySP Gurudas Kadam.
