Fake loan racket busted in Meerut; three held

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Meerut: In an achievement, cops busted fake loan racket in UP’s Meerut and nabbed three for their alleged involvement in a loan racket, police said.

A team of Meerut district Cyber Cell and officials from Civil Lines Police station arrested three members of the property and personal loan fraud gang and seized documents related to the racket, SSP DC Dubey said.

The accused have been identified as Rihan Akhtar, Abdul Baari and Sayad Bilal. Police is on the lookout for the other members of the gang, the SSP said.

The gang duped people through their website ‘Addition Corporation Finance’, which offered private and personal loans to its customers, he added.

(With PTI inputs)

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