The Crime Branch, Jammu, has filed a chargesheet before a court against Puneet Rasutra for his alleged involvement in a multi-crore cheating and forgery case. Rasutra is a resident of Rehari, Jammu.
A case under Sections 420, 471 and 201 of the Ranbir Penal Code (RPC) was registered on the complaint of Munish Bhatia, a resident of Canal Road, Jammu. The complainant alleged that the accused induced him and his brother to mortgage their property as collateral security for bank loans by falsely claiming to have secured an Army contract worth nearly Rs 16 crore.
The accused allegedly produced a forged supply order purportedly issued by the 107 Engineer Regiment, C/o 99 APO, to obtain an additional overdraft facility of Rs 4 crore from the J&K Bank’s Trikuta Nagar branch.
The Crime Branch investigation established that the purported Army supply order was fake, with the Army authorities confirming that no such work order had ever been issued. The complainant and his brother allegedly suffered losses of around Rs 10 crore and were forced to clear the outstanding liabilities to secure the release of their mortgaged property.
“The investigation further revealed that the accused, acting in furtherance of a criminal conspiracy, used forged and fabricated documents to fraudulently obtain substantial credit facilities, causing significant wrongful loss to both the complainant and the bank. Accordingly, the chargesheet has been filed before the competent court for judicial determination,” a Crime Branch spokesperson said.
