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Mumbai: IT professionals among 4 held for duping people with bogus loan schemes

4 folks have been arrested for allegedly duping folks to the tune of a number of crore rupees by luring them with mortgage guarantees beneath bogus schemes whose names intently resemble these of real Central authorities ones, Mumbai police stated on Monday.

An official recognized the primary accused as Sanjeev Kumar Singh (36), whereas the others held are Pranjul Rathod (27), Ramnivas Kumavat (25) and Vivek Sharma (42), the final two being IT professionals.

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“They might have duped some 4,000 folks of round Four crore by way of 9 apps based mostly on their bogus schemes.They’ve additionally arrange web sites to lure folks into importing paperwork. Our probe has discovered that their apps have been downloaded by 2.eight lakh folks,” he stated.

The 4 have been arrested after raids in Aligarh in Uttar Pradesh and Rajasthan capital Jaipur, the official knowledgeable.

This story has been printed from a wire company feed with out modifications to the textual content. Solely the headline has been modified.

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