MAFRO warns against frauds and swindlers
Source: The Sangai Express
Imphal, December 11 2018:
Manipur Friendship Organisation (MAFRO) has conveyed that an individual has fraudulently collected a huge amount of money in the name of microfinance.
Speaking to media persons at the organisation's office today, MAFRO secretary Akash Kshetri said that the organisation received a complaint regarding a fraud case in which one Khangembam Jeena (45) of Kawka Lamdaibung has absconded after fraudulently collecting a huge sum of money by using a fake names, 'Manipur Finance' and 'Chingni Finance'.
He said that the person collected Rs 1000 from each individual by letting each 20 people to form a group of 30 members.
He further added that Jeena has absconded after allegedly promising a loan of Rs 1 lakh and had collected the bits of money from at least 100 people.
Jeena had told the loanee that Manipur Finance was opened in Keithelmanbi while Chingni Finance was opened in Kakwa and further told the loanee that one Lairenjam Ashok of Thangmeiband Sinam Leikai was the manager of Manipur finance.
Jeena had lied to the loanees that her name was Bina but after investigation, her name was found to be Jeena, MAFRO secretary said.
Akash appealed to all the people to remain vigilant of such unsure microfinance companies.