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Conmen offered 'loans' to 300 in guise of big banners, held

 Zafar Abbas |  2017-04-20 18:56:34.0  |  New Delhi

Conmen offered loans to 300 in guise of big banners, held

Advertisements might seem appealing but if the authenticity is left unchecked then you might fall prey to a nexus of cheats or conmen who would rob you of your wealth.

In this relation, the Delhi Police Crime Branch has nabbed a gang of cheats who copied logos of famous finance companies, published their ads in the paper and duped 300 people of Rs 5 crore.

These conmen lured people in the name of offering loans under big banners on extremely low rates.

After few people from Delhi, Ghaziabad, Bulandshahar, and Aligarh registered complainants with Delhi police Crime branch, the cops suspected the working of a gang of conmen.

These men duped people through lucrative offers like providing loans on nominal interest rates.

These gimmick advertisements were made under the names of reputed finance companies.

The con artists copied the logo of famous finance companies and published ads in newspapers.

The ads came with lucrative offers asking people to avail it on personal loans and property loans.

"The accused had opened several bank accounts on the basis of fake or forged Ids in the name of several fake finance companies and were receiving hefty money. When the money was deposited in their account, they immediately withdrew the same from the bank accounts," DCP Crime Madhur Verma said. After they trapped an innocent, the fraudsters asked the victim to deposit the amount in few stated bank accounts.

Following this, the accused used to withdraw that amount from any ATMs but mostly they preferred to withdraw from Ghaziabad and Aligarh, UP. The cops are now investigating if bank officials were also a part of this organised nexus of cheats.

The accused have been identified as Ravi Kumar a resident of Bulandshahar, Kishan Pal alias fauji from Gautambudh Nagar, Tikshnapal and Rajneesh Prakash from Aligarh.
"We have identified around 100 victims till now, we request people who have been duped with similar modus operandi to contact Crime branch on acp-sos-dl@nic.in or contact ACP/ER Crime on 9818099087," said the officer.

Zafar Abbas

Zafar Abbas

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