Fake ₹1 Lakh Loan Bait Traps Two Indore Residents, ₹53,689 Lost
Indore (Madhya Pradesh): Cyber fraudsters impersonating Bajaj Finance employees targeted two persons in separate incidents, duping them of over Rs 50,000 under the guise of fake loan processing fees. In the first incident reported at Banganga police station, Harishchandra Baretha, a resident of Ahilya Ashram, filed a complaint stating he received a phone call on Sept 30. The caller, posing as a…
Indore, Madhya Pradesh: Two residents fell victim to a cyber fraud scheme where bogus loan officials conned them out of a combined total of over Rs 53,000. In the first incident, Harishchandra Baretha, from Ahilya Ashram, lost Rs 25,859 after being told a Rs 1 lakh loan had been approved in his name. The fraudster, posing as a representative from Bajaj Finance, demanded payment under the guise of processing fees using multiple QR codes.
Baretha realized he had been scammed and reported the incident. In a similar scam, Suresh Malviya, from Shyana, lost Rs 27,830 between September 10 and 24. The fraudsters impersonated Bajaj Finance Service and tricked Malviya into transferring money through various online platforms. Despite receiving a partial refund, Malviya eventually discovered his account had been drained.
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