Five arrested for cheating victims under garb of offering Reliance Capital loans

MUMBAI: Five persons have been arrested by the Matunga police for cheating a victim to the tune of Rs 13.59 lakhs by falsely claiming that they were executives of Reliance Capital Loan Private Limited. Rajendra Singh, 34, Sachin Sirohi, 28, Anup Kumar Agrahari, 25, Vikrant Singh, 26 and Prashant Chaudhary, 25, have been arrested. They have been remanded in police custody till June 16. A FIR was registered against the accused by the complainant, Mahadev Koregaonkar at the Matunga police station on May 29. The men were arrested for cheating by personation (Section 419), cheating (Section 420) and common intention (Section 34) of the IPC. According to N Ambika, Deputy Commissioner of Police (Zone 4), “The five accused were operating from Ghaziabad and Delhi. Based on a tip-off, they have been arrested. We have seized 20 mobile phones, a CPU and two routers. People should be careful while dealing with unknown callers selling such attractive schemes. If there are other victims who have been duped by this racket, they should come forward and register a FIR. We are suspecting that it is a bigger racket. We are investigating if more persons are involved in the scam.” The five accused were also wanted by the Govandi police for cheating another victim to the tune of Rs 10 lakhs. Complainant Nazneen Mohammed Shafi Qureshi, 34, who owns Glam Style Salon near the BEST colony at Govandi (E) had received a phone call from the accused on April 24. The caller, identifying himself as Rajesh, claimed to be an executive of Reliance Capital Loan Private Company.