Loan Frauds for Police
- Some of the culprits advertise in the news papers stating that they offer loans to the individuals on low rate of interest and furnishes a cell number, which is taken on furnishing wrong address moog’s.
- The culprit sends some fake certificates to the individuals stating that he has been sanctioned a loan and asks them to deposit certain amount in bankaccounts. The individual deposits the amount in fake accounts for the purpose of registration, tax’s, advocate fee, etc.,
- So be aware of such fake certificates
- Don't believe advertisements of finance companies stating that they will sanction loans with low interest rate.