Railway staff arrested, 12 central govt employees under Kolkata police probe in loan scam

Kolkata Police have initiated an investigation into a loan fraud case involving approximately ₹1 crore, with 12 central government employees stationed in the city under scrutiny. These employees are accused of obtaining personal loans from various banks using forged financial and income documents and subsequently stopping their EMI payments. The case came to light after a financial institution detected irregularities during routine background verification.

A railway employee named Palash Mukhopadhyay has been arrested in connection with the case. Mukhopadhyay alone had taken a loan of ₹11 lakh. Police sources stated that all accused employees worked in different central departments, mainly in the railway sector, and followed a similar method of submitting false documentation to secure loans. This pattern indicates the possibility of coordinated fraudulent activity.

The financial institution involved reported that the loan applications were submitted through a specific group of marketing agents. After receiving loans, some installments were paid initially but later the payments were stopped. The institution filed a formal complaint at Park Street Police Station, which led to the police investigation. Verification revealed that all submitted documents related to income and financial status were falsified.

Investigators are focusing on questioning the marketing agents and other personnel linked to the case. The employees involved are considered low-risk borrowers by banks, which adds significance to the case. The police are working to uncover the full extent of the network behind the loan defaults and forged documents.