Patna : In a significant crackdown on cyber fraud, Patna police have arrested an individual involved in an online loan scam. The accused was taken into custody from a flat on the third floor of Ramlal Apartment in Nirala Nagar, under the jurisdiction of the Digha Police Station. The arrest was made by the Digha police station's day patrol team following a detailed investigation, as confirmed by the Deputy Superintendent of Police on Saturday.
Modus Operandi: Deceptive Loan Promises
The arrested individual has been identified as Ranjan Kumar, a resident of Katrisarai police station limits in Nalanda district. He was running a fraudulent operation by posting advertisements on Facebook, claiming to provide loans through the Dhani Finance app. These advertisements lured unsuspecting individuals who provided their mobile numbers in hopes of securing a loan. Once contacted, the fraudsters, including Ranjan Kumar and his associates, falsely assured loan approvals and demanded a processing fee, ultimately defrauding victims.
Organized Cyber Fraud Network
Authorities have discovered that at least five other individuals were involved in the scam, all of whom are currently absconding. The investigation revealed that a key accomplice, Nitish Yadav, also known as Manish, supplied fake mobile SIM cards and fraudulent bank accounts to facilitate the scam. He reportedly took a 40% share of the illicit earnings before distributing the remaining amount among the fraudsters.
The opinions posted here do not belong to 🔰www.indiansdaily.com. The author is solely responsible for the opinions.
As per the IT policy of the Central Government, insults against an individual, community, religion or country, defamatory and inflammatory remarks, obscene and vulgar language are punishable offenses. Legal action will be taken for such expressions of opinion.