Two Arrested for Fraudulent Loan of NPR 5 Million Using Forged Signature in Pokhara

In Pokhara, Wanti Shahi and Bhadra Thapa have been arrested on charges of defrauding NPR 5 million by forging the signature of Wanti’s husband. According to DSP Hari Basnet, the accused secured a loan of NPR 5 million from Siddhartha Bank by forging the signature of Mohan Bahadur Shahi and using land registered in his name as collateral. They are currently under investigation for charges of fraud and criminal breach of trust.

On 27th Baishakh in Kathmandu, police arrested two individuals, including Wanti Shahi, the wife of the victim Mohan Bahadur Shahi, for allegedly defrauding NPR 5 million by forging her husband’s signature. The arrested individuals are 44-year-old Wanti Shahi from Dhungepatan, Pokhara and 44-year-old Bhadra Thapa from Buddhachok, Surkhet. The operation was conducted by teams dispatched from the District Police Office, Kaski, and Area Police Office, Shishu.

DSP Hari Basnet explained that the forgery involved land plots numbered 2444 and 2447 in Pokhara Metropolitan City ward 30, registered in Mohan Bahadur Shahi’s name. The forged signature was used to pledge the land as collateral at Siddhartha Bank to obtain a loan of NPR 5 million through fraudulent means. Investigations are ongoing with extensions into cases of fraud and criminal breach of trust against the accused.