Manekchowk bank duped of Rs 31 lakh

AHMEDABAD: A fraud to the tune of Rs 31.03 lakh has been detected at Manekchowk Cooperative Bank Limited which is situated in Ellisbridge area. In a complaint filed with the Ellisbridge police station, bank manager Girishbhai Chowksi claimed that between July 1999 and September 1999, Sejal Nainesh Shah, Nainesh Mahendrabhai Shah, Mahendra Chandulal Shah, Mahendra Shah, Himanshu Dalwadi and Chaitanya Kantilal Mehta cheated the bank.Chowksi alleged that the accused had prepared fake documents to acquire loan of Rs 20 lakh for buying a house. A similar procedure had been followed in acquiring loans like Rs 4 lakh for starting a business, Rs 4 lakh and Rs 7.03 lakh for buying cars. These loans have remained unrequitted till date.