Gang Offering Loans Busted

The Delhi Police has busted a gang that operated under the disguise of an insurance firm at a Noida-based call centre and cheated loan seekers by offering them low-interest rates against the newly purchased insurance police.

Seven people, five of them women, were arrested for allegedly cheating people offering them loans under a government scheme at discounted rates, police said on Tuesday.

Five women were among eight youths arrested in the national capital for allegedly cheating at least 500 students of over Rs one crore by promising them educational loans, police said on Sunday.The racket was allegedly led by 24-year-old Varun Sardhana, a former employee of a multinational bank, Additional Commissioner of Police (Crime) Neeraj Thaku...

The Delhi Police has busted a gang that operated under the disguise of an insurance firm at a Noida-based call centre and cheated loan seekers by offering them low-interest rates against the newly purchased insurance police.

Seven people, five of them women, were arrested for allegedly cheating people offering them loans under a government scheme at discounted rates, police said on Tuesday.

Five women were among eight youths arrested in the national capital for allegedly cheating at least 500 students of over Rs one crore by promising them educational loans, police said on Sunday.The racket was allegedly led by 24-year-old Varun Sardhana, a former employee of a multinational bank, Additional Commissioner of Police (Crime) Neeraj Thaku...