21-year-old from Byculla loses Rs 52,000 to online loan sharks

The complainant lives in Byculla and works as a laboratory assistant in a hospital run by the BMC. “I work as a contractor and my salary has been delayed. I needed money to pay the rent for the house,” the complainant told police.


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Another case against loan application stalkers arose on Friday. A 21-year-old youth filed a complaint with Byculla Police claiming that he lost Rs 52,000 in his attempt to borrow a loan of Rs 50,000. Even after paying the amount, his transformed photos were shared with their contacts. The complainant lives in Byculla and works as a laboratory assistant in a hospital run by the BMC. “I work as a contractor and my salary has been delayed. I needed money to pay the rent for the house,” the complainant told police.

On May 20, the victim contacted Indian Union Credit Cash loan app customer service and inquired about the process of getting a loan of Rs 50,000. “I was told to pay Rs 750 as a processing fee. After paying, I was also told to pay another amount as a loan percentage,” the victim added. On May 22, the victim had already paid Rs 52,000 via five different UPI identifiers. But the money did not come to his account even after waiting for seven days.

The moment the victim realized they had been scammed, their photos were transformed and released to their contact list. “We have filed an FIR against unidentified persons under sections 420 (cheating), 500 (libel) of the IPC and relevant sections of the Computers Act 2000,” said Ashok Khot, senior inspector of the police station of Byculla.

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