Loan scam

Gang busted for duping over 1,000 people in 2 years in fake loan scheme

 The racket was unearthed when a woman, a resident of Rohini Sector 5, made a complaint with police about being cheated of her money. 

published on : 13th January 2022

Man loses Rs 9.2 lakh after falling for Rs 1.5 crore loan offer

Probe reveals that the gang was into duping people using a finance company’s name 

published on : 21st December 2021

Offered easy money through an app? It could well be a trap

Multi-level marketing scams have donned an online avatar. Instead of pamphlets and posters, scammers use messages, audio and videos to trap people.

published on : 25th November 2021

Ex-SBI Chairman Pratip Chaudhuri arrested in loan scam case; SBI issues clarification

Chaudhuri, has been accused in a case related to a hotel project in Jaisalmer worth Rs 200 crore being sold for much lower price of Rs 25 crore after declaring it as non-performing asset (NPA).

published on : 2nd November 2021

Loan scam: Couple hoodwinked IT dept to take multiple PAN cards

Duo took 4 PAN cards using fake names; complainants approach PMO for detailed probe

published on : 26th October 2021

Loan fraud: Cops suspect involvement of bank officials, notaries

The police probing the multi-crore loan scam committed by a Tripunithura-based couple suspect the involvement of notaries, officials of national banks and document writers in the fraud.

published on : 17th October 2021

Loan scam: Cops nab man, on lookout for wife

Couple promised loans against properties to people with low CIBIL scores; victims face attachment by banks now

published on : 16th October 2021

CPM wants CB-CID to probe jewellery loan scam

The CPM urged the State government to launch a CB-CID investigation into the alleged jewellery-loan scams.

published on : 23rd September 2021

Karuvannur Bank loan scam: Kerala cooperative department to roll out reforms

The transfer of cooperative employees would be carried out in a time-bound manner and it would ensure that the criteria for transfer are met.

published on : 16th August 2021

Punjab National Bank fraud case: ED swoops down on Nirav Modi’s stable, seizes nine luxury cars

The ED seized nine luxury cars belonging to Nirav Modi, fugitive diamantaire embroiled in the Rs 11,400 crore PNB loan scam case.

published on : 23rd February 2018