Two men have been arrested for allegedly cheating gullible people on the pretext of providing them loan on insurance policies and huge returns on expired insurance policies have been arrested.
The gang used to lure potential targets through tele-calling. As many as 13 SIM Cards and three mobile phones used by the gang to commit this crime recovered.
The accused identified as Shahnawaz Ahmed (25) a resident of Gorakhpur, UP and Adarsh Yadav (24) from Barbanki, UP were arrested by the staff of south district police.
This gang came under police scanner when one Shiv Kumar Singhal reported that he had received a call on his mobile phone wherein one female caller induced him for loan on insurance policy and asked him to deposit 10 per cent of loan amount as advance.
Later on, the woman caller introduced him with one Rohan Nagar who assured him for grant of Rs three lakh and asked him to deposit an amount of Rs 30,000 on the given account number.
Accordingly, the complainant deposited a sum of Rs 30,000 in the given account number. Later on, the alleged caller further asked the complainant to deposit Rs 40,000 as TDS. This time, the complainant refused to deposit the amount as he smelled some foul play and reported the matter to police.
"We registered a case and following detailed investigation, arrested accused Rohan Nagar from his office at Rama Road, Moti Nagar. During enquiry, he was identified as Adarsh," said DCP (South) Prem Nath.
"During interrogation, accused Adarsh Yadav disclosed the name of female tele-caller as Anjali. He further disclosed that account is being operated by MD of their Company namely Shahnawaz. Subsequently, Shahnawaz was arrested and 13 SIM cards and three mobile phones used in commission of crime were recovered from him," he added.
The gang was running a tele-calling firm in the name of Pinnakle India Consultant Pvt Ltd and his employees calls people randomly and induced them to deposit money as advance at the given account number in lieu of loan on insurance policy and huge return on expired insurance policies.
The bank account was in the name of one Rudra Pratap Singh but the same was registered on the previous address of accused Shannawaz. He further disclosed that owner of the account takes 15 per cent as commission to facilitate him and the accused Shahnawaz gets 85 per cent of the cheated amount, police said.
Further investigation is in progress to probe in other involvements of accused persons and to nab co-accused Anjali and Rudra Pratap Singh, said Prem Nath.
