Further investigation on education loan racket continues
By Neelima Shankar
Nov 15, 2010
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Investigation is rigorously being continued in the multi crore education loan racket which was uncovered in Delhi, a few days ago. The scammers used nationalised bank accounts so as to gain the confidence of the victims.

Quite a large number of bank accounts have been found with big banks like State Bank of India, Punjab National Bank and Bank of India. It is not so easy to open an account in these banks owing to the strict measures adopted by them.

The police has arrested two people Abhishek Hasija (24) and his brother Tanishk Hasija (21) as aids to Varun Sardana, the kingpin, in opening bank accounts in these banks.

Abhishek has admitted having opened 100 accounts for Varun in the last six months in various banks.

"We have taken the details of all these banks accounts and are communicating with the vigilance branches of these banks," said additional DCP (crime) Joy Tirkey.

"We have also taken samples of their handwriting and the one in the documents used that were used to open bank accounts. Bank officials did not exercise caution while opening bank accounts in their names. Tanisk, who is still pursuing graduation from a DU college, told the police that they used to get Rs 10,000 for opening each account and it was an easy way to earn money," said a police officer.

The police also nabbed 18 ATM cards and 47 unused SIM cards. Also 13 registers bearing details of transactions, one laptop, one desktop computer and other documents were seized from them and these items have been sent for forensic examination.


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