Fraud firm robs Rs 1 lac off loan seeker
Source: The Sangai Express
Imphal, July 31 2014:
Another case of fraudulent financial institutions duping gullible public, robbing them off their hard earned money and sudden disappearance has surfaced once again.
The latest victim is one Wangkheimayum Victor (23) of Elangkhangpokpi Makha Leikai, Thoubal district.
Talking with a team of media persons yesterday, Victor said that he applied for loan from Krishna Finance based on advertisements published in media in the month of May this year.
According to the advertisement, interested persons may take personal loan, business loan, property takeover etc from the self proclaimed financial institution at the inter- est rate of Rs 4 per cent per annum.
The advertisements gave two mobile numbers��08953448606, 08953448706 and e-mail ID [email protected] it did not give any office address.
After Victor sent photostat copy of a land ownership deed worth around Rs 50 lakh together with necessary documents of himself and his guarantor through the particular e-mail ID, one individual who identified himself as a key official of the Krishna Finance from Lucknow, Uttar Pradesh sent an account number 4760101001979 of Canara Bank through e-mail.
Victor was instructed to deposit Rs 60,000 i.e 3 per cent of the total loan amount of Rs 20 lakh against the particular bank account as loan processing fee and another sum of Rs 40,000 i.e 2 per cent of the loan amount in the name of manager charge.
Victor deposited Rs 30,000 against the account number at Canara Bank, Thoubal Branch on May 24.But when he went to the bank to deposit another Rs 30,000 next day, he was told that Manish Agarwal's PAN number was required as another person had already deposited Rs 30,000 on the same day.
Subsequently, Victor deposited the sum of Rs 30,000 against the account of Manish Agarwal at Canara Bank, Thangal Bazar branch same day.
A few days later, the remaining amount of Rs 40,000 was deposited in the Punjab National Bank account (no.8090784301) of one Rajat Bhatia who was said to be a subordinate staff of Manish Agarwal.
After a total amount of Rs one lakh was transferred, Victor gave his SBI account number.
At this stage, Victor was told that a cheque of Axis Bank would be sent to him as transaction of Rs 20 lakh was not possible.
By mid-June, Victor received a sealed envelope sent through post by Manish.
On opening the cheque, to his utter surprise and disappointment, Victor only found a blank paper.
According to information given by Manish, Krishna Finance's address is 28/12 Hajrat Ganj, Lucknow, UP.
On being enquired about the blank paper, Manish asked Victor and his guarantor to come to their Kolkata office.
A few minutes later, Manish again asked Victor to send another Rs 50,000 which according to him would be given to bank staff.
Without informing Manish, Victor went to Krishna Finance's Kolkata office at 45/6L2 SN Banerjee Road but no office of Krishna Finance could be located there.
Later, Victor made it clear that he would not like to avail any loan from Krishna Finance and asked Manish to refund the amount he deposited.
At this, Manish claimed that they would soon open an office at Imphal and give the loan after that.
In the meantime, a similar dubious advertisement was published on July 28 with two mobile phone numbers and an email ID in the name of Vishwas Finance this time, Victor said.
He also cautioned all the people to be wary of such dubious and/or non-existent financial institutions.