Loan Fraud: Man Cheating on 60,000 Rs in Hyderabad

Hyderabad: Deceiving deceiving a 45-year-old private employee of Rs 59,450 after promising to give him a personal loan RS 1 Lakh.
The victim, Tota Srinivasulu, 45, from Arunodaya Colony in Hayathnagar alleged that he received phone calls from fraudsters who were unknown to offer RS 1 Lakh loans recently and initially pay Rs 2,500 for processing fees.
Furthermore, the defendant continued to collect more money towards various other costs and after paying Rs 59,450, he realized that this was a fraud and filed a complaint to the Hayathnagar police.

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