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  Metros   Mumbai  05 May 2018  Two nabbed for posing as bank employees

Two nabbed for posing as bank employees

THE ASIAN AGE.
Published : May 5, 2018, 2:29 am IST
Updated : May 5, 2018, 2:29 am IST

The police are in the process of recording statements of the victims in a bid to find more persons.

The accused would offer loans from privatized banks on less paperwork and promise quick disbursal. (Representational image)
 The accused would offer loans from privatized banks on less paperwork and promise quick disbursal. (Representational image)

Mumbai: The Mumbai police's Bandra-Kurla Complex police arrested a person of African origin and an Indian national for posing as bank employees and cheating people by offering them instant loans.

The police said that several people were cheated by the duo to the tune of several lakhs. The police are on the lookout of more of their accomplices who targeted people.

The accused, whose names are withheld, were arrested on Friday after some of the victims lodged a complaint with the BKC police station.

The accused would offer loans from privatized banks on less paperwork and promise quick disbursal.

"The two persons would take a commission of `3,500 from each loan seeker on every `1 lakh loan amount. The accused would cash in on the quick loan provision," said an officer from the BKC police station.

The police are yet to establish the total number of victims who were cheated by the accused and the quantum of amount involved in the offence.

The police are in the process of recording statements of the victims in a bid to find more persons.

The officials said that they also used to send mail and messages to promote themselves. They are now in the process of tracking down the IP address of the accused. More accomplices are stated to be involved in the crime.

A case has been registered under sections of the Indian Penal Code for cheating, forgery, criminal breach of trust of the Indian Penal Code and of relevant sections of the InformationTechnology Act.

The duo was produced in a local court that remanded them to police custody for further investigation.

Tags: bank employees, instant loans