Two cheats arrested for running fake loan racket
The Hindu
Two persons, including a woman, have been arrested by the Delhi Police Crime Branch for allegedly duping people of lakhs of rupees on the pretext of offering them various types of loans, police said o
Two persons, including a woman, have been arrested by the Delhi Police Crime Branch for allegedly duping people of lakhs of rupees on the pretext of offering them various types of loans, police said on Sunday.
According to police, the accused, identified as Jitendra Singh and Geeta Chauhan, were part of a larger gang. They cheated people on the pretext of providing all types of loans, such as personal, housing and business. The fraudsters charged processing fees in lieu of sanctioning the loan.
“They took ₹13.50 lakh from a person on the pretext of providing a business loan of ₹45 lakh for his friend,” Additional Commissioner of Police (Crime) Shibesh Singh said.
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