New Delhi, June 4, 2014: The Chief Metropolitan Magistrate (CMM), Tis Hazari Courts, Delhi has convicted Lal Bhudrani (a private person & UK citizen) in a cheating case for using forged Bank demand drafts belonging to State Bank of India, Faridabad. He has been sentenced to undergo Seven Years Rigorous Imprisonment with fine of Rs. Two Lakhs.
CBI had registered a case on February 3, 1995 against Lal Bhudrani and others U/s 120-B r/w 419, 420, 467, 468 and 471 IPC on a complaint from SBI, New Delhi. It was alleged that the accused entered into criminal conspiracy and obtained blank draft books from the stationery department of SBI, Faridabad (Haryana) by impersonating as Bank officer and using forged letter of authorisation.
Lal Bhudrani was arrested on January 27, 1995 while he was trying to en-cash the cheque from the account of State Bank of India, Saharanpur. He had submitted forged Demand Drafts worth Rs.2,63,19,000 (approx) in various Non-Resident Ordinary (NRO) accounts opened with different banks and Rs.1,55,99,989 (approx) was credited.
A charge sheet was filed against the accused before the CMM, Tis Hazari Courts, Delhi. The Trial Court found the accused guilty and convicted him.
Date:
Wednesday, June 4, 2014