India News | Mumbai: 4 Held for Duping People with Bogus Loan Schemes
Get latest articles and stories on India at LatestLY. Four people were arrested for allegedly duping people to the tune of several crore rupees by luring them with loan promises under bogus schemes whose names closely resemble those of genuine Central government ones, Mumbai police said on Monday.
Mumbai, Feb 22 (PTI) Four people were arrested for allegedly duping people to the tune of several crore rupees by luring them with loan promises under bogus schemes whose names closely resemble those of genuine Central government ones, Mumbai police said on Monday.
An official identified the main accused as Sanjeev Kumar Singh (36), while the others held are Pranjul Rathod (27), Ramnivas Kumavat (25) and Vivek Sharma (42), the last two being IT professionals.
"They may have duped some 4,000 people of around Rs 4 crore through nine apps based on their bogus schemes.They have also set up websites to lure people into uploading documents. Our probe has found that their apps have been downloaded by 2.8 lakh people," he said.
The four were arrested after raids in Aligarh in Uttar Pradesh and Rajasthan capital Jaipur, the official informed.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)