Delhi police arrest fraudster for tricking people through loan app


A 21-year-old fraudster has been arrested for duping people through a loan application in Delhi. The accused, identified as Rahul Kumar Yadav, a resident of Madanpur Khadar, Sarita Vihar, Delhi, was apprehended based on the complaint registered by Krishna, on the NCRP portal.

The complainant revealed that he contacted a mobile phone number provided in a message and requested a loan at lower rates.

The accused sent a link and asked the victim to provide all the details.

Later, the accused sent a link to an app called RING, which offers low-interest loans. The plaintiff downloaded the app and gave the BdP to the accused.

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Soon, Rs 5,000 was credited to his wallet after completing the profile. But later it was debited automatically.


Based on the complaint filed by the victim, the police opened the investigation. After the technical analysis, and following the trail of the money, the location of the accused was traced.

A raid was carried out and the accused was arrested. Police also recovered 11 cell phones, a credit/debit card, three computers, eight SIM cards and other items found in the possession of the accused.


During questioning, the accused revealed that he worked at Indiabulls Dhani in the loans department. He befriended a girl who worked at the branch.

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They both started duping people through Whatsapp groups by offering loans at low interest rates, through the RING app.

The accused had the money transferred to his accounts and later cashed it at available CSC centers in the area.

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