Tag: finance company

Fake vehicle loan racket busted
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Fake vehicle loan racket busted

July 2, 2021

15 arrested; Police suspect involvement of RTO officials  Mysore/Mysuru: The City Police have busted a gang that adopted an unusual method of borrowing loans and cheating a finance company to the tune of Rs. 1,35,53,000  on heavy vehicles that do not exist.  The Police have arrested 15 accused for the fraud, while many more, including…

Agent cheats Finance company of Rs. 31 lakh
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Agent cheats Finance company of Rs. 31 lakh

February 13, 2020

Mysuru/Mysore: A Private Finance Company agent has allegedly cheated the company to the tune of Rs. 31 lakh which he had collected from various depositors. The accused is Somesh, an agent at Cholamandalam Investment and Finance Company near Jaganmohan Palace in city. Somesh, who had collected a total of Rs. 30,96,901 from various depositors from…

Fake ‘Sadhus’ arrested for duping finance company owner in Kushalnagar
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Fake ‘Sadhus’ arrested for duping finance company owner in Kushalnagar

December 3, 2019

Kushalnagar:  Kushalnagar Police have arrested four fake ‘Sadhus’ who had duped a finance company owner and had made away with a mobile phone and cash from him. The arrested fake ‘Sadhus,’ said to be natives of Rajasthan, are Naganath, Mujurnath, Surabhnath and Umeshnath.  The Police have seized a car besides confiscating various powders, which have…

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