Man held for cheating victims with fake loan promises in Secunderabad

The Ramgopalpet police on Saturday arrested a conman who cheated several persons of crores of rupees on pretext of providing loans.

The arrested Bharath Sai Chandra, (30), duped people on pretext of arranging loans from



banks and collected huge amount from them towards processing fee.

“Bharath took Rs 10 lakh and 16 tolas of gold from a woman, assuring to provide a house loan over Rs 2.80 lakh,” said Additional DCP (Secunderabad), J Narasiah.