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Tag: Loan sharks

Malkajgiri Police arrest seven in illegal loan racket; gang collected hefty interest in advance, blank signed cheques

Posted on November 5, 2026 By admin
Malkajgiri Police arrest seven in illegal loan racket; gang collected hefty interest in advance, blank signed cheques

Commissioner of Malkajgiri Police, B. Sumathi, along with the senior officers from the commissionerate with the seized items from the case. | Photo Credit: By Arrangement Seven persons were arrested for allegedly cheating borrowers through an illegal lending network that promised large loans, collected exorbitant advance interest and used blank signed cheques and promissory notes…

Read More “Malkajgiri Police arrest seven in illegal loan racket; gang collected hefty interest in advance, blank signed cheques” »

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