Chandigarh police busted gang of 5-forgers

The Chandigarh police have busted a gang of five forgers who used to open fake accounts in banks, steal cheques from people and get the cheques cashed.

The Chandigarh police received a tip off about a gang of forgers who used false documents to open bank accounts and then steal cheques from people. The accused used to keep an eye on cheque drop boxes and steal cheques for small amounts. They preferred cheques for small amounts because these are less likely to be followed.

Police also suspect the involvement of bank staff in the case. One of the accused has been identified as Narinder Singh, a business development executive with Axis Bank. The rest of the accused include Pawan Gosain, Deepak, Vikas and Ajay. So far, the names of six banks have figured in the scam, worth around 4 lakh Rs. These include HDFC BANK, AXIS BANK ,STATE BANK OF INDIA, STATE BANK OF PATIALA, PUNJAB NATIONAL BANK AND PUNJAB STATE COOPERATIVE BANK.