Nashik: 25 women cheated of over Rs 1 crore

NASHIK: A group of 25 women was allegedly cheated by a fake bank agent to the tune of Rs 1.08 crore on the pretext of getting them a loan.


One of the victims lodged a complaint with the Ambad police station on Tuesday saying that a woman committed the crime. In view of the huge amount of money involved, the case has been handed over to the economic offences wing (EOW) of the police commissionerate for further investigation.

The Ambad police said that a woman lodged a complaint on Friday stating that she and 25 other women were cheated by another woman, resident of Cidco to the tune of Rs 1.08 crore.

The concerned woman moved about saying that she was a bank agent and could help in getting bank loans for different purposes. “Since November 2015 till November 12 this year, the suspected woman got in contact with more than 25 women and collected Rs 1.08 crore from them in the form of processing fees. However, after collecting the processing fees, the woman did not provide any loan to anyone and cheated them of the money collected from them,” said senior PI of the Ambad police station, Sreepad Paropkari.

He further said that the suspected woman would have initially helped other women in providing loans and word must have spread that the concerned woman helps in getting loans for a specific processing fee. “The victims came in contact with the woman for the same and paid huge amounts in the form of processing fees over the past four years, but they never got the loan amount.”

Paropkari added that given the huge amount of fraud committed, the case has been handed over to EOW, who would take custody of the concerned woman for further investigation.

It has been found that the fraudsters come out with different methods to cheat citizens of their hard-earned money. This year till August end, the police registered 171 cheating cases in various police stations, out of which the police detected 108 cases.