Bank loan has not been taken from your documents, big fake loan gang exposed

Naiduniya Representative, Jabalpur. Cunning brokers used to lure the needy by luring them with loans and keep their identity cards and necessary documents. Keeping them unaware, they used to get the two-wheeler financed with the relevant documents. After paying a nominal down payment, these vehicles were sold in distant villages. STF has exposed the nexus and gang of finance company and bank brokers who committed fraud by misusing records.

21 two-wheelers seized

On Monday, STF said that the gang leader Prashant Kushwaha, resident of Ranjhi, his associate Inderjit Kushwaha, resident of Ranjhi and Praveen Soni, resident of Seoni Dhanaura have been arrested. 21 two-wheelers sold on finance have been seized. The involvement of some women in the gang has been revealed. Information is being collected about them.

When the woman went to get her mobile phone, she came to know about the loan.

Ranjhi resident Geeta Kushwaha told that some time ago Prashant and his acquaintance took some documents from her on the pretext of getting her a loan. After some time, the documents were returned saying that the loan was not approved. One day she went to buy a mobile phone.

Notice for depositing bike installment

When documents were taken for phone finance in the shop, a two-wheeler loan was found pending. He had not taken any two-wheeler. After a few days, Geeta received a notice to deposit the installment. Complained to the police.

Bike financed with documents

Investigation revealed that the woman’s documents Reached Indrajeet of the gang. He did not have the original documents And got the two wheeler financed by showing fake Geeta. The brokers sold this two-wheeler in another district and divided the amount among themselves. STF reached the gang of fraudsters.

He was coming from Uttar Pradesh when he was caught-

Prashant Kushwaha, the leader of the gang of fraudsters, was in Uttar Pradesh for some time. When information was received about his arrival in Jabalpur, STF caught him as soon as he got off the train. During interrogation, the accused informed that the fraud was carried out with the help of Inderjeet, Vivek Singh Rajput, Praveen Soni.

The partnership of some other men and women in the fraud was revealed. Gave information about the role of each member of the gang and their commission. Told the involvement of finance and bank representatives.

Agents of renowned companies are also involved

The accused have fraudulently approved loans for two-wheelers in many renowned finance and bank companies. The involvement of agents of companies like Kotak Mahindra, ICICI and Bajaj Finance has been exposed. STF is searching for the suspects. Information is also being collected about those people who got loan approval by presenting themselves before the companies in pseudonymous form.

Jeweler used to sell vehicles

Jeweler Praveen Soni of Dhanaura in Seoni district was also associated with the gang. He used to make down payment for vehicle finance. Used to pay fixed commission to Prashant and Indrajit. The financer would then sell the vehicle to someone in the village at almost the price of a new vehicle. He also gave money to the bank and finance company agents for each vehicle financed.