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Man arrested on fraud charge

By Our Staff Reporter

NEW DELHI, DEC. 27. A 30-year-old man, who along with his accomplices allegedly cheated several people of crores of rupees on the pretext of providing them loans, was arrested at Vivek Vihar in East Delhi on Sunday.

The police are conducting raids to nab the other accused. The accused used to introduce himself as an agent of Business Finance and Leasing Security Corporation of India, an agency registered with the Reserve Bank of India.

During interrogation, he disclosed that his real name was Raj Kumar, a permanent resident of Dimapur in Nagaland. He was presently residing at Sahibabad in Uttar Pradesh.

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