Team Goemkarponn
PANAJI: A case of alleged cheating involving fake gold ornaments and fraudulent gold loans amounting to ₹10.46 lakh has been registered at Panaji Police Station following a complaint lodged by the Senior Manager and Branch Head of Federal Bank Limited, Panaji Branch.
According to police, the offence was registered on 18 May 2026 based on a complaint filed by Trisha M. Rasquinha, Senior Manager and Branch Head of Federal Bank Limited, located at Dayanad Smruti, Swami Vivekanand Road, Panaji.
Police said that between 12 November 2024 and 20 January 2025, the accused, identified as Jannat Hanabarkadadi, resident of Kevnem, Panaji, allegedly dishonestly pledged fake gold ornaments weighing around 201 grams while falsely representing them as genuine gold ornaments to the bank authorities.
Based on the pledged ornaments, multiple gold loan accounts were allegedly sanctioned and disbursed by the bank. The accused is alleged to have cheated the bank, causing a financial loss of approximately ₹10,46,000.
Panaji Police have registered the offence and further investigation is being carried out by PSI Suraj Madgaonkar.
