Business Standard

2 illegal loan service call centres raided, 62 held

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Press Trust of India Hyderabad

: A total of 600 people has been cheated of about Rs 25 crore by allegedly two illegal loan service call centres here, police said Monday.

Sixtytwo people have been arrested for promising offer loans at low interest rate and collected about Rs 25 crore from the 600.

Among the arrested were two main accused, six team leaders and 54 tele-callers,.

They would contact the gullible public in the name of providing loans at low interest, collect their debit card, PAN card and aadhar details for sanctioning loan and later would ask the customers to deposit two months EMI amount in their bank accounts as security deposit, city Police Commissioner Anjani Kumar told reporters.

 

Then, the accused would transfer the money from the accounts of the customers to theirs, the commissioner said.

The racket came to light when one of the victims found out that Rs 32,000 from his bank account had been fraudently transferred to the account of the accused, he said.

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First Published: Mar 25 2019 | 9:46 PM IST

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