Cops nab 2 persons for duping public

Cops nab 2 persons for duping public
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Highlights

The cyber crime police on Saturday arrested two persons on charges of cheating public across the country, to the tune of Rs 10 crore, on the pretext of providing loans at cheaper rates of interest.

Hyderabad: The cyber crime police on Saturday arrested two persons on charges of cheating public across the country, to the tune of Rs 10 crore, on the pretext of providing loans at cheaper rates of interest.

Earlier, police arrested two persons Mahipal Singh Yadav of My Invest Guruji Private Limited and Sandeep Juneja of Value Added Card Private Limited from Noida in September 2015, in connection with the case when complaints were received about the illegal transactions of the accused persons.

On Saturday, police arrested Sandeep Agarwal, 29 and Mukesh, 32, of Value Added Card Private Limited from New Delhi, in the same case.
Detective Department Joint Commissioner T Prabhakar Rao said these persons have collected huge amounts from innocent people towards processing fee to release the loans sanctioned without surety.
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