Archive · 27 Oct 2025
Woman Arrested in Udupi for Alleged Loan Scheme Fraud
Imagine someone told two people they could get them special loans from the government.
They asked for money to pay for things like "processing" and "clearance."
The victims gave the person a lot of money, believing they would get the loans.
But the loans never came.
It turned out the person was lying and kept the money.
Now, the police have arrested the person who promised the loans, and they are investigating what happened.
A woman was arrested in Udupi for allegedly cheating two people.
The accused promised subsidy loans under the PMEGP.
Victims gave a total of Rs 1.45 crore to the accused.
The accused allegedly requested money for various 'processing' and 'clearance' fees.
Brahmavar Police registered a case and arrested the woman.
- Who
- Kaushalya allegedly cheated Sarita Lewis and Anjalin D’Silva.
- What
- Kaushalya was arrested for allegedly cheating two people out of Rs 1.45 crore by promising loans under PMEGP.
- When
- The alleged fraud began in November 2023.
- Where
- Udupi, India.
- Why
- Kaushalya allegedly took money from victims under the pretense of securing them subsidy loans and failed to deliver.
- Accused
- Kaushalya
- Victims
- Sarita Lewis, Anjalin D’Silva
- Total Amount Allegedly Cheated
- Rs 1.45 crore
- Loan Scheme
- Prime Minister’s Employment Generation Programme (PMEGP)
- Date of Complaint
- November 2023
- Arresting Authority
- Brahmavar Police
- Charges
- Sections 318(2), 318(4), and 319 read with 190 of the Bharatiya Nyaya Sanhita (BNS)