In response to the complaint, the Naupada police initiated legal action by filing an FIR against a group of individuals, specifically naming Amol Andale, Sameer Dighe, Sanjay Singh, Jitendra Pandey, and an unidentified individual. They are facing a range of charges that involve breaches of different sections of the Indian Penal Code.
These charges encompass offenses such as cheating (Section 420), criminal breach of trust (Section 409), forgery (Sections 467 and 468), criminal conspiracy (Section 120B), and common intention (Section 34). Furthermore, they are also subject to legal provisions outlined in the Information Technology Act.
While the FIR has been formally lodged, there have been no apprehensions thus far. It's worth mentioning that one of the accused, Jitendra Pandey, brings with him significant prior experience, having worked as a relationship and sales manager in various banks for several years.
The police suspect that this extensive racket may involve multiple individuals and could have been ongoing for some time. The magnitude of the scam might not be limited to a single company or region, with potential pan-India repercussions affecting numerous companies and individuals and spanning thousands of bank accounts.
The investigation is progressing, with investigators discovering several counterfeit documents, as detailed in the FIR.