News Karnataka
Wednesday, May 08 2024
Maharastra

Navi Mumbai Resident Falls Victim to Instant Loan Fraud, Loses ₹. 90,000

Online con artists allegedly stole Rs 90,000 from a 56-year-old Navi Mumbai man by pretending to offer an instant loan. The victim, a logistics company employee, was looking for a loan to help pay for his daughter's schooling when he saw a Facebook post stating that loans were available in two hours.
Photo Credit : Depositphotos.com

Thane: A 56-year-old man from Navi Mumbai was allegedly defrauded of Rs 90,000 by online scammers under the guise of providing an instant loan. The victim, who works for a logistics company, was seeking a loan for his daughter’s education when he came across a Facebook post advertising loans available within two hours.

After applying for the loan online on November 8, the victim received a call from a fraudster claiming to represent the finance company. The caller offered the loan but asked the victim to pay insurance charges, GST, NOC charges, RBI charges, and two advance installments, amounting to Rs 90,000. When the victim did not receive the promised loan and was asked for additional payments, he realized he had fallen victim to a scam.

An official said that an FIR has been registered under Section 420 (cheating) of the Indian Penal Code and the Information Technology Act. Investigations are underway.

Share this:
News Karnataka

Read More Articles
MANY DROPS MAKE AN OCEAN
Support NewsKarnataka's quality independent journalism with a small contribution.

How useful was this post?

Click on a star to rate it!

Average rating 0 / 5. Vote count: 0

No votes so far! Be the first to rate this post.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Nktv
Nktv Live

To get the latest news on WhatsApp