Delhi Police have arrested three men for defrauding banks through a loan scam. The accused allegedly used forged government employee IDs and fake salary slips to secure personal loans, posing as senior audit officers. They opened bank accounts with fake documents, deposited funds to simulate salaries, and obtained pre-approved loans before defaulting on EMIs. The suspects, who had prior banking experience, were apprehended in Bihar, Uttarakhand, and Delhi after a finance company reported the fraud. The scam, which began in 2019, was uncovered when loan EMIs bounced.