A Thane resident was arrested for allegedly cheating three banks and an insurance company worth lakhs in rupees using records of his divorced wife.
Gaur divorced his wife in 2016. Soon after the divorce, he opened three new bank accounts in his former wife’s name.
He then struck a sale deed of some property and took a token amount and he also encashed an insurance policy which had matured, both of which were in his first wife’s name.
Gaud had the physical documents for both the property and the insurance policy although they were in his first wife’s name.
The Police said that the accused, Bijay Gaud (49) forged the signature of his first wife and used the second wife’s photo on documents to get access to the funds.
“In this manner, he made Rs 20 lakh without his first wife knowing anything about it,” said a police officer. “The proceeds for both were credited to the new account he had opened with his new wife.”
The fraud came to light during January this year when his first wife learned that the property sale deal was negotiated.
“She found out that the proceeds had been credited to a bank account in her name, an account she was not even aware of,” said the officer. That’s when Gaud’s first wife lodged a complaint at Naupada police station. The bank account led the police to Gaud.
His second wife is absconding, said the police. “Things will be clear once she is held,” said an officer.