Malayali Brothers from Delhi Arrested for Online Loan Fraud | Kerala news
Kochi: The Thrissur Cyber Crime Police arrested Vivek Prasad and Vinay Prasad, Malyali brothers, who settled in New Delhi for siphoning rupee lakhs from the public, particularly from Kerala, by using fake online Promised loans.
The brothers were arrested at a time when Kochi City Cyber Police and Panangad Police were investigating the fraud. The police team, led by Deputy Commissioner Y. Nizamuddhin and the inspector of Panangad Station, KNManoj, is now interrogating her.
A gang they led committed online loan fraud on behalf of fake financial companies. They had skimmed Rs 1.5 lakh from Prabhilal in Panangad by promising him a loan of Rs. 2 lakh The defendant also took Rs.20 lakh from a Malappuram native who promised a loan for a huge sum.
The police have received information that around 20 people with good command of different languages are members of the gang led by the brothers.
The brothers were born and raised in Delhi. Her father comes from Karthikapally in Haripad and her mother from Tiruvalla.
The public was lured by these scammers via SMS by promising loans at 1 percent interest for women and 2 percent interest for men.
Those trapped in this offer were later called by a person who introduced himself as the “Executive Agent”. He would ask them to send copies of their bank statements, Aadhaar Card and Pan Card via WhatsApp. A credit approval letter is later sent out by the scammers.
The edited version of the agreement, which was available on the websites of reputable banks, was sent to the person. After that, the unsuspecting people were asked to pay settlement fees. The existing bank account numbers in Chhattisgarh and Madhya Pradesh were used.
After paying the settlement fee, the person was sent a settlement letter. Again, the gang requested more money through a payment order and said the loan amount had not been deposited into the person’s bank account.
They would also ask the lured people to pay more for insurance and taxes. Finally, after skimming the maximum amount from the public, they withdrew money from the cash machine in Delhi and then turned off their cell phones.