The city’s Cyber Crime Police, in association with Delhi Police, arrested Yusuf Khan (29), a native of Uttar Pradesh and resident of Sagar Puram in South-West Delhi, for allegedly cheating a Manglauru resident with the promise of providing loan at cheaper rates of interest.
In a complaint filed at the Cyber Crime Police on April 8, Karthik Poojary (24), a resident of Panjimogaru here, said that a woman claiming to be representative of Bharati Finance, a firm run by Mr. Khan, called him offering ₹ 2 lakh loan at 5 % interest. He deposited amounts at different dates towards insurance, security charge, service charge and a few equated monthly instalments, all totalling ₹ 1.7 lakh, into the accounts mentioned by the caller.
Having failed to get the loan and after his calls to the finance firm remained unanswered, Mr. Poojary filed the compliant.
The Cyber Crime Police took the assistance of Delhi Police in tracing Khan, the proprietor of Bharati Finance, and arresting him. They are on the look out for Naushad and Prabhakar who are Khan’s associates in the firm. The police have recovered 31 mobile phones, two laptops, ₹ 70,000 in cash and 10 books containing names of those who were promised loans by them. Police Commissioner Sandeep Patil told reporters here on Friday that Khan operated as an agent offering credit cards of various financial institutions to customers. He and two others created a fake website called, www.bharatifinance.co.in, and offered loan at 5 % interest to those accessing the site.