Filing Criminal Complaints Against Defaulting Borrowers & Fraudulent Loan Obtainers
Netlawgic Legal Services LLP specializes in initiating criminal actions against borrowers who default on their loans or obtain loans fraudulently. Their services include:
Filing Criminal Complaints Against Defaulting Borrowers & Fraudulent Loan Obtainers
Netlawgic Legal Services LLP provides specialized legal support in filing criminal complaints against defaulting borrowers and fraudulent loan obtainers, ensuring lenders receive swift justice and effective legal remedies.
Case Assessment & Fraud Identification
- Comprehensive analysis of borrower actions, loan agreements, and repayment histories to establish intent to defraud.
- Identification of borrowers who provided falsified financial credentials or engaged in identity theft to secure loan approvals.
Legal Viability Check for Criminal Prosecution
- Evaluating applicability of criminal laws including cheating, criminal breach of trust, forgery, fraud, and criminal conspiracy.
- Analyzing cases involving fabricated income statements, fake collateral, shell companies, and other deceptive practices for obtaining loans.
Complaint Drafting & Filing
- Drafting precise criminal complaints highlighting fraudulent practices, misrepresentation, unauthorized diversion of loan funds, or intentional non-payment despite financial capacity.
- Preparing detailed complaints specifically targeting fraudulent loan applications involving impersonation, forged documentation, and identity theft.
Evidence Collection & Verification
- Collecting and examining forged documents, falsified financial statements, manipulated property deeds, and obtaining critical witness testimonies to establish fraudulent intent.
- Conducting forensic audits and verification of borrower KYC details, financial disclosures, and asset claims to build robust cases.
Law Enforcement Coordination & FIR Registration
- Collaborating actively with law enforcement agencies, including the Economic Offences Wing (EOW), police departments, and special investigative units, to expedite FIR registrations and investigations.
- Facilitating smooth interactions with investigative authorities in complex cases involving multiple victims, banks, financial institutions, or elaborate financial fraud schemes.
Legal Representation & Response Management
- Representing lenders diligently before law enforcement, judicial authorities, and regulatory agencies during criminal investigations and court proceedings.
- Proactively managing and responding to retaliatory complaints, counter-litigation, and defensive tactics employed by fraudulent borrowers to evade responsibility.
Parallel Civil Actions for Asset Recovery
- Initiating and managing parallel civil proceedings to complement criminal actions, seeking asset attachment and recovery under banking and insolvency laws.
- Securing timely injunctions, freezing borrower bank accounts, and preventing unauthorized disposal of secured and unsecured assets.
Ongoing Litigation Assistance & Fraud Prevention
- Providing continuous legal support throughout criminal prosecution and trial processes to achieve convictions and financial recovery.
- Offering expert training to lenders on effective fraud detection methods, enhancing due diligence processes, and advising on preventive legal strategies to mitigate future risks.
Netlawgic Legal Services LLP is committed to delivering comprehensive, strategic, and result-oriented legal support to lenders dealing with defaulting borrowers and fraudulent loan obtainers, safeguarding their financial interests and reputation.
Reserve Bank of India fraud reporting guidelines (RBI guidelines)
Economic Offences Wing (EOW) procedure (Mumbai Police EOW)