Economic crimes on rise


The Tribune, November 20, 1998
Economic crimes on rise in Faridabad
Tribune News Service
FARIDABAD, Nov 19 — The rate of economic crimes in the industrial city of Faridabad is the highest in Haryana. It is also double the national average, official sources have said. Against the national average of five crimes per 1 lakh population per year, it is 10 in Faridabad. Last year the police registered 149 cases by the middle of November, but these have risen to 179 so far involving frauds of crores of rupees. The crimes included those relating to bounced cheques, fake registration of land deeds, forgery of documents involving financial transactions, evasion of tax and cheating by finance companies. The case of a finance company whose officials went underground has already been handed over to the CBI for an enquiry. A few officials of the finance company which had its establishments in various parts of the country have already been arrested. But none of them belonging to Faridabad has been arrested . A number of scandals have also been committed in government undertakings including Haryana Minerals Ltd here in which embezzlement of lakhs of rupees was committed by manipulating the records. The police recently arrested four persons including an employee of the Telecom Department, who had made illegal telephone calls to Saudi Arabia. Another person was nabbed for purchasing buffaloes through a fake bank draft. When contacted Mr Mohammed Aqil, superintendent of police, admitted the high incidence of economic crimes in the district. He said a special cell to deal with such crimes had already been set up. He blamed the rise in the economic crimes on the tendency to become rich overnight.

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