Fake bank document racket busted, 2 nabbed

HYDERABAD: Two persons, one of them a sweeper at a nationalised bank, were nabbed on Friday for preparing fake bank statements, education loan letters and other documents for those aspiring to get admission to foreign universities.Task Force sleuths nabbed S Julius Caesar, a resident of Habsiguda and P Srikanth, a resident of Warasiguda and sweeper at Andhra Bank’s Ramnagar branch and busted the racket.Srikanth has been allegedly supplying the bank logo bundles to Julius to be used in making fake documents.According to DCP (Task Force) Ch Ramachander, Julius had worked as a business executive with some educational consultancies in the past.While working with Elite Consultancy at Punjagutta, he came in contact with a person, Pavan, who used to prepare fake documentation for student visas.Julius joined hands with him and got commission for luring customers.In 2009, Pavan died in an accident after which Julius started the business of preparing fake documents.He used to prepare fake bank statements, transaction statements, education loan sanction letters, agricultural annual income certificates issued by MROs and other documents for admission to foreign universities and for obtaining visas.“Julius used to download logos of nationalised banks from the Internet and prepare letterheads.Later, he would affix the required fake rubber stamps or seals and charge `500 to `1,000 for each document,’’ Ramchander said.For preparing Andhra Bank documents, he used the services of Srikanth, who would get him bank logo paper bundles.Julius used to pay Srikanth `1,000 for each bundle, police said.The duo were nabbed on Friday.