![Gang of loan fraudsters based in Delhi busted, four arrested](https://www.thehindu.com/static/theme/default/base/img/og-image.jpg)
Gang of loan fraudsters based in Delhi busted, four arrested
The Hindu
The group allegedly conned people in Tamil Nadu, Andhra Pradesh and Kerala
The Anti-Bank Fraud Wing of the Central Crime Branch (CCB), Chennai, has busted a Delhi-based gang, which duped people with offers of hassle-free and low interest loans. A special team, headed by Assistant Commissioner of Police S. Prabakaran and inspector R. Pushparaj of the Anti-Bank Fraud Wing, constituted on the directions of Commissioner of Police Shankar Jiwal, camped in New Delhi and arrested four of the accused. The gang allegedly conned people in Tamil Nadu, Andhra Pradesh and Kerala by collecting fees after promising them loans in the names of firms such as Tamilar Finance, Varalakshmi Finance and Bajaj Finance.More Related News