📷 Image: Wikimedia Commons / AFС de Cosson
Crime
Bihar: Man arrested for ₹18 lakh loan fraud using fake FDs in Buxar
✍️ Amar Ujala · Patna
🗓 03 Nov 2026, 10:36 PM
👁 1
Itaadi police in Buxar, Bihar, have arrested a man accused of defrauding a rural bank of over ₹18 lakh by submitting forged Fixed Deposit Receipts and documents.
Police in Buxar, Bihar, have cracked down on financial fraud by arresting a suspect involved in a multi-lakh rupee scam. The accused was caught for obtaining a loan of over ₹18 lakh from a rural bank through deceptive means.
According to the police, the suspect submitted forged Fixed Deposit Receipts (FDRs) and other fabricated documents to secure the loan. The investigation revealed that the financial instruments used were not genuine, constituting a significant breach of banking norms.
The case was registered by the Itaadi police station, which conducted the investigation leading to the suspect's arrest. Authorities are now examining the extent of the fraud and the documents involved to determine if other individuals were complicit in the scheme.
This incident highlights ongoing efforts by law enforcement in Bihar to curb financial crimes targeting rural banking institutions. The arrested individual is currently in custody as further legal proceedings are initiated.
According to the police, the suspect submitted forged Fixed Deposit Receipts (FDRs) and other fabricated documents to secure the loan. The investigation revealed that the financial instruments used were not genuine, constituting a significant breach of banking norms.
The case was registered by the Itaadi police station, which conducted the investigation leading to the suspect's arrest. Authorities are now examining the extent of the fraud and the documents involved to determine if other individuals were complicit in the scheme.
This incident highlights ongoing efforts by law enforcement in Bihar to curb financial crimes targeting rural banking institutions. The arrested individual is currently in custody as further legal proceedings are initiated.