Navi Mumbai Crime: Panvel Police Bust Fake Loan Call Centre In Karanjade; Four Arrested, Devices, SIMs And Cash Seized
Navi Mumbai, August 25, 2026: The Panvel City Police have busted an inter-state gang allegedly cheating citizens by promising loans in the name of various finance companies and demanding money under the pretext of processing fees, insurance, holding charges and GST. Four persons were arrested after police raided a fake call centre operating from a rented flat in Karanjade, and seized electronic…
The Panvel City Police have dismantled a fake loan call centre operating out of a rented flat in Karanjade, Navi Mumbai. Four individuals - Vijay Babu Bhandari, Tushar Arun Pingle, Rohit Rangappa Gowda, and Darshan Umashankar - were arrested in a raid on the flat, Room No. 401 of Nilgiri Apartment in Sector R-4. Police seized devices, SIM cards, cash and other materials worth Rs 3.95 lakh.
The accused allegedly pretended to represent various finance companies and promised loan approvals, collecting processing fees before demanding additional amounts for insurance, holding charges, GST and other reasons. Victims who transferred money to unknown bank accounts or scanned documents received no loans. Police warn citizens to verify financial institution credentials and avoid transferring money to unknown accounts. Investigation is ongoing to determine the extent of victims affected and the gang's involvement.
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