Police bust bogus firm offering loans of up to Rs 100 cr, 3 held

Police have so far arrested three persons in this case. They have been identified as Radhika Yatish Ambekar, Sandip Ramchandra Samudre and Jayjit Gupta, all from Kalyan in Thane.

he woman, Radhika Ambekar, claimed to be the manager of the company and offered them a loan of Rs 1 crore within 45 days of payment of a security deposit of Rs 5 lakh in cash. (file)

Pimpri Chinchwad police have busted a bogus company which had cheated several persons in Pune, Mumbai and Ahmedabad on false assurances of providing loan of upto Rs 100 crores.

You have exhausted your
monthly limit of free stories.

To continue reading,
simply register or sign in

You need a subscription to read on.
Now available at Rs 2/day.

*Conditions Apply

This premium article is free for now.

Register to continue reading this story.

This content is exclusive for our subscribers.

Subscribe to get unlimited access to The Indian Express exclusive and premium stories.

This content is exclusive for our subscribers.

Subscribe now to get unlimited access to The Indian Express…