Not taking any action on a fraud happened to me from a Standard Chartered Bank Sales Executive. *
I am working in an MNC in Bangalore. I was looking for a personal loan in May 2011, to meet some of my immediate needs. I was approached by sales executive of different banks. The sales executive from Standard Chartered Bank. Mr. Prem Kumar, (Phone # 9535530627) who introduced himself and collected the documents for the loan application.
He bought all standard chartered original application form. 2 June 2011, he called me and said the loan has approved(Loan Account # 01785/SCB/2011). He informed me, for crediting the amount the bank requires 6 cheques and signature for ECS. He came with the approved documents and the loan agreement and ECS agreement. I have given him the security cheques and signature on receipt of the document from the bank. The documents looks original with the bank seal and all.
But the loan amount is not yet credited to my account and also the cheques was used to withdraw RS 51500 /- from my account with out my knowledge and with the fake signature. I have made stop payment for other checks immediately after this incident. I have called him and asked the reason and demanded my money back. But all in vein. When I have checked with the Bank, go the information that nothing has been processed. I am not sure if this is a racket for cheating the people. I lost Rs 51500/-. I went Madiwala police station to complain about this. The officers their said, I should go to the bank and lodge a complaint there. I have send a many email complaints to the Standard Chartered bank. Yet to get the response from them Request you to please take action to save others from this nasty method of cheating.
Please do the needful to circulate this so that other people will not be cheated.
Thank You,