New Delhi, April 7 -- The Economic Offences Wing (EOW) of Delhi Police has arrested a man for masterminding a series of frauds involving forged property papers and stolen identities (including those of deceased individuals) to secure high-value loans from financial institutions.

The man, identified as Suresh Kumar (45), runs a cybercafe in Delhi's Nand Nagri area.

The FIR was registered at Sarita Vihar police station following a complaint by Sonal Jain, widow of the late Mahender Kumar Jain. She alleged that someone had forged their Shalimar Bagh property documents and used it to secure an overdraft facility of Rs3.2 crore from Corporation Bank's Sarita Vihar branch.

Initial investigations revealed that documents submitted in Mahender'...