Crime Branch arrest Asst. Manager of ICL Fincorp and on the look out for two others for jewel forgery

According to Police, the said employees of the ICL Fincorp, which is headquartered in Kerala have conspired and obtained the loan amount using the fake customers identity and documents and used imitation jewellery to obtain the loan amount.


Coimbatore: District Crime Branch Police arrestedICL Fincorp ( Kuniamuthur branch) Assistant manager Sathya and are on the lookout for Branch Head Karthika and Manager Saravanan, who have obtained a gold loan of Rs.40.80 lakhs using imitation jewellery andforged documents of some customers.

According to Police, the said employees of the ICL Fincorp, which is headquartered in Kerala have conspired and obtained the loan amount using the fake customers identity and documents and used imitation jewellery to obtain the loan amount.



Following a formal police complaint preferred by the Zonal Manager ICF Fincorp Vinoth Kumar, the police have registered a case and are on the lookout for the duo who reportedly are absconding.

The forgery came to light when an annual audit was conducted in the Kuniamuthur branch of the ICL Fincorp. The cheating incident by the staff of the ICF Fincorp created a flutter in the area.

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