Other · 22 Oct
Loan fraud case: Three arrested for duping public of ₹100 crore in Chennai
AI summaryThree persons were arrested by the Central Crime Branch police for allegedly cheating a city-based businessman of ₹2 crore in Chennai by promising to secure a business loan. Police stated that the trio, including the key suspect Muthuvel, had also defrauded the public of over ₹100 crore across Tamil Nadu and Keralam. Chennai City police commissioner A Amalraj urged the public to approach banks directly for loans and avoid paying commissions to fraudulent middlemen.
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