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Man booked for Rs 5 lakh cheque fraud in Phillaur

Had lent money to an acquaintance
Representational photo. iStock

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Our Correspondent

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Phillaur, March 14

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A resident of Dana Mandi in Phillaur has alleged that he was cheated after lending money to an acquaintance who later issued a cheque from a closed bank account. The complainant, Parshotam Lal, stated to the police that he had lent Rs 5 lakh to Gurpreet Singh, a resident of Meowal village, near Bilga.

According to the complainant when he demanded repayment of the borrowed amount, the accused allegedly issued a cheque of Rs 5 lakh. However, the cheque was reportedly drawn from a bank account that had already been closed, resulting in financial loss to the complainant. The matter was brought to the notice of the police through a written complaint seeking legal action.

Following an inquiry into the complaint, the police registered a case against the accused. The accused was named in the case and his arrest was stated to be pending, while further investigation was underway into the matter.

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Tags :
#CheatingCase#ChequeBounce#LoanFraud#ParshotamLal#PhillaurPoliceFinancialFraudfraudgurpreetsinghlegalactionpunjabcrime
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