Forgery fallout Three charged in salary fraud and BD39,000 loan scheme involving falsified government documents

TDT | Manama

Email: mail@newsofbahrain.com

Three Asian individuals have been charged with forgery and fraud for faking government documents to get large personal loans. The main suspect and two accomplices, who worked as security guards for a Bahraini government agency, allegedly inflated their salaries to secure loans of over BD39,000 each.

The prosecution claims the three defendants, along with an unknown accomplice, worked together to forge official documents like salary certificates and bank statements. This unknown person created fake documents that looked like real government and bank records.

The defendants used these forged documents to obtain loans.

Legitimate

The main suspect, a bank sales representative, is accused of knowingly submitting these fake documents to the bank and manipulating bank records to make the false data appear legitimate.

The security guards are also charged with conspiring with the bank representative to commit these crimes.

The scheme was uncovered when a bank sales manager noticed inconsistencies in loan applications from several individuals claiming unusually high salaries.

After checking with the relevant government agency, the forgeries were confirmed.

Process

The manager, supported by a colleague, explained the process, which included video verification of the security guards’ identities and the submission of seemingly valid documents.

Further investigations confirmed the forgeries, with bank security footage showing the accomplices withdrawing the loan amounts.

A bank risk officer noted discrepancies in the fake bank statements and pointed out that the reported salaries had been inflated from BD255 to over BD2,000.

A government employee verified that the salary certificates were forged, highlighting unauthorised signatures and differences from the original documents.

Normal procedures

A bank audit manager stated that the loans went through normal procedures, with the bank representative handling the applications.

The accomplices quickly spent the loan money.

Both accomplices admitted to their roles in the scheme, acknowledging that they used the bank representative to facilitate the fraud and withdrew the loan funds.

Human resources records from the government agency confirmed the false salary information.