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The Division No. 4 Police Books Finance Company Employee and Wife for Cheating a Chhawani Mohalla Resident of Ôé╣23.34 Lakh

Introduction

In a recent case, the Division No. 4 police have booked an employee of a finance company and his wife for duping a Chhawani Mohalla resident of Ôé╣23.34 lakh in cash. The accused, instead of depositing the loan instalments in the finance company’s account, kept the money for themselves.

The Role of AI legalese decoder

In such cases of financial fraud, legal language can sometimes be challenging to understand for the victims. This is where the AI legalese decoder can prove to be useful. It can help victims navigate through complex legal terms and understand the implications of the case. By providing simplified explanations and guidance, the AI legalese decoder enables individuals to make informed decisions and seek justice.

The Incident and Complaint

The FIR has been lodged against Raminderpal Singh of Kartar Nagar and his wife Amandeep Kaur of Kartar Nagar. The complaint was filed by Gurinderpal Singh of Chhawani Mohalla. According to the complainant, in May 2017, he availed a house loan of Ôé╣25 lakh from a finance company. The accused, who were acquainted with him, visited his house and offered to collect the loan instalments on behalf of Raminderpal, who also worked for the same finance company. They assured him that they would deposit the money in the company’s account.

However, instead of depositing the instalments, the accused continued visiting the victim’s house and collecting money. So far, they have collected Ôé╣23.34 lakh in cash from him. The victim later discovered that the accused did not deposit the money in the finance company’s account. Instead, Raminderpal opened a new bank account and deposited the money collected from the victim into that account.

legal Action and Investigation

After filing a complaint with the police on April 12, 2023, an enquiry was initiated. The police registered a case against the accused under Sections 406 (criminal breach of trust), 420 (cheating), and 120-B (criminal conspiracy) of the Indian Penal Code (IPC). The police are currently conducting a search to arrest the accused.

Conclusion

Financial fraud cases, like the one mentioned above, can have devastating consequences for the victims. In order to mitigate such incidents, it is essential for individuals to be aware of their rights and take appropriate legal action. By utilizing tools like the AI legalese decoder, victims can better understand the legal processes involved and make informed decisions towards seeking justice.

Image Source: Hindustan Times

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