Categories: LudhianaUncategorized

Counter offering a loan easily caught, Mastermind escaped, 20 cellphones, 33 debit cards confiscated from the gang

Ludhiana: With the arrest of two people, the city police claimed to have damaged a group of fraudsters who had delayed people RS 3 Crore under the pretext of helping them secure easy loans with lower interest rates.
Kingpin the network is in runaway.
Those who were arrested were Ankit Kumar Kashyap from the city model and Sunil Chopra from Janta Nagar, while accused of Gagandeep had escaped.
The police have restored Rs 1.5 lakh cash, in addition to 20 cellphones and 33 debit cards.
Defensively transferred Rs 8 lakh from stolen money to their bank account, which police confiscated.
Police Commissioner (Investigation) Varinder Singh Brar said the police had received many complaints from people about this fraud, after that the troops had started the question.
The police found that this gang lured people with easy loan bid, took a good amount as a “processing fee”, and after that turned off the cellphone.
DCP Brar said: “The accusations used to post ads on social networking sites on loan groups in favorable interest rates.
When people contact them for loans, they will convince them to invite more people and apply for group loans.
The defendant was used to take money Of all of them as processing costs and, then, close the office and run.
They then start operating in several other locations with different names.
“The case under the 420 section (cheating), 120-B (criminal conspiracy) from the Indian criminal code ( IPC) and section 66 of the information and technology laws have been registered against the defendant at the Haibowal police station.
The police have advised the local community to examine their greed to avoid being trapped with counter cyber and falls for profitable double promises and lower interest rates.

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