Nation Current Affairs 23 Sep 2019 Cops probe fake mort ...

Cops probe fake mortgage loans in Tirupur

DECCAN CHRONICLE. | S KATHTHASAMI
Published Sep 23, 2019, 1:57 am IST
Updated Sep 23, 2019, 1:57 am IST
The duo convinced him to get a mortgage loan of several lakh rupees against his property.
Following preliminary investigation, it was revealed that the duo had cheated many persons with similar promises of loans.
 Following preliminary investigation, it was revealed that the duo had cheated many persons with similar promises of loans.

TIRUPUR: Two persons allegedly duped a man of Rs 1.50 lakh by promising him a mortgage loan against property in Tirupur.  According to police, Moorthy, 51, hailing from Vellakovil was approached by Selvaraj, 42, and Dinesh, 22, from Tirupur for a mortgage loan.

The duo convinced him to get a mortgage loan of several lakh rupees against his property. Believing them, Moorthy gave them Rs 1.50 lakh as processing fee.

 

When they did not respond even after a week and had switched off their mobiles, Moorthi lodged a complaint at Tirupur North police on Sunday.

Following preliminary investigation, it was revealed that the duo had cheated many persons with similar promises of loans.

A case has been registered and further investigation is on.

The case seems so unusual in the hosiery hub where people are business-savvy.

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