Loan Fraud Gang Busted In Delhi, 7 Including 5 Women Arrested: Police

Delhi: A case was registered on the complaint of one Manish, who alleged that he had received a message that he could get Pradhan Mantri Mudra Loan of Rs 2 lakh.

Seven people, five of them women, were arrested for allegedly cheating people offering them loans under a government scheme at discounted rates, police said on Tuesday.

The accused have been identified as Sandeep Kumar, 29, Sumit, 32, Rakhi, 22, Jyoti, 24, Jyoti, 22, Manisha, 20, and Kajal, 20, they said.

The accused mainly targeted poor people by inducing them with loans under the Pradhan Mantri Mudra Loan scheme at discounted rates.

The gang was found to have cheated more than 150 people in last one year, police said.