Stay updated with breaking news from Ramdev Hotel. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The police said that the accused assured the complainant that they could facilitate a quick loan of Rs 5 crore for him, in exchange for a ‘processing fee’ of Rs five lakh.
The constable had pretended to conduct a fake raid when the businessman handed over Rs 5 lakh to the fraudsters as RTGS fees for getting him a loan of Rs 5 crore in Ramdev Hotel, Borivli (East) on June 15
The Kasturba Marg police have arrested a suspended police constable, along with two other accused, for allegedly cheating a Kandivali resident to the tune of Rs five lakh. The accused called the victim to a hotel with the money in cash, promising to sanction a loan of Rs five crore for him, after which the constable conducted a 'police raid' and decamped with the money.