Three Arrested in Bengaluru Fake Gold Loan Racket Cheating Businessman

Some people in Bengaluru tricked a businessman out of a very large amount of money.

They promised him gold that a bank was supposed to be selling.

But the police say the gold was actually fake jewellery.

Three men were arrested by the Peenya police for this trick.

One of the men worked at a bank and checked gold for the bank.

The police say he marked fake jewellery as real gold.

This helped the other two men get loans from the bank using the fake gold.

The two men opened about 15 bank accounts using other people's names.

The police are still trying to find where all the money went.

They also want to know if anyone else helped with the plan.