Man loses Rs 20L in loan fraud

Cyber criminals duped a city businessman Anil Kumar of Rs 20 lakh on the pretext of clearing his loan dues.

After conducting preliminary investigations, the cyber police station yesterday registered a case against the suspects identified as Rajrakhan Gupta, a resident of Madhya Pradesh, Raju Narayan Langde of Nagpur, and Nitesh Das of Mumbai.

Complainant Anil Kumar, who is the owner of Logman Power and Motor firm, said he had lodged a complaint with the police a few days ago regarding the fraud.

Kumar said he had obtained a loan from Aditya Birla Finance Limited and was paying regular instalments. A few weeks ago, he received a call from a person who claimed to be a loan officer from Aditya Birla Finance Company and the alleged person gave complete details of his loan. The alleged suspect asked him to clear the loan immediately else a major penalty would be levied. The accused had also offered that no extra interest is required to be paid if he makes payment of principal amount now.

The complainant revealed that he then transferred the amount of Rs 20 lakh in the bank account shared by the suspect. A few days later when he checked the status of his loan from the finance firm, he was shocked to know that he had transferred money into some fraudsters’ account while loan was still pending.

ASI Jasbir Singh said the Cyber Cell has started investigation and registered a case.

Modus operandi

The complainant allegedly received a call from a person who claimed to be a loan officer from Aditya Birla Finance Company and gave complete detail of his loan. The alleged suspect asked him to clear the loan immediately else a major penalty would be levied. The complainant revealed that he then transferred the amount of Rs 20 lakh in the bank account shared by the suspect.