Gang Scammed Banks Using Fake IDs

A group of people tricked banks into giving them loans by using fake IDs and fake salary papers.

They pretended to be government employees to get the loans.

The banks thought these people had steady jobs and gave them loans at good rates.

The group then took the money and stopped paying back the loans.

The police found out and arrested three of the main people involved.

These people used to work in banks, so they knew how to trick the system.

The police are still looking for more people who might be involved and trying to find out how much money was stolen.

Additionally, a group of men posing as financiers cheated a garment company owner out of Rs 2.45 crore by promising a low-interest loan.

The owner was asked for an advanced interest payment and was later duped out of the money.

One of the suspects was arrested in Hyderabad.