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Punjab finance firm sanctioned loan using dead woman's identity, FIR filed

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A Punjab finance company, Shubh Lakshmi Private Finance Limited, sanctioned a loan in 2022 using the identity of a woman who had already died. Fraudsters used forged documents, including another person's photograph, to facilitate the deception. The fraud came to light following a fact-finding inquiry conducted by the Punjab Bureau of Investigation. An FIR has since been filed in connection with the case. Investigators also identified two additional instances of similar loan fraud involving misuse of documents.

Read the full story at Times of India

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Punjab finance firm sanctioned loan using dead woman's identity, FIR filed · ShortSingh