Gang duping people on pretext of giving loan busted; 5 arrested: Police

The matter came to notice after police received two separate complaints. According to the complainants, the accused cheated the victims of nearly Rs 50 lakh on the pretext of providing loans amounting to Rs 25 crores and Rs 50 crores respectively. Police said other associates of Tiwari, Amit Sharma, Gaurav Nanda and Ravi, will also be arrested soon A car, two pilot gypsies and mobile phones have been seized, they added..

The Delhi Police on Monday said it has arrested five members of a gang that duped people on the pretext of giving them loans. The kingpin, 42-year-old Ritesh Tiwari, used to pose as a highly placed government official and claimed that he had access to the personal secretary of the Union home minister, they said.

His other associates were identified as Ajay Jain (50), Bhaskar Nath (25), Ashwani Kashyap (53) and Bhim Pandit (54), the police said. The matter came to notice after police received two separate complaints.

According to the complainants, the accused cheated the victims of nearly Rs 50 lakh on the pretext of providing loans amounting to Rs 25 crores and Rs 50 crores respectively. Police said other associates of Tiwari, Amit Sharma, Gaurav Nanda and Ravi, will also be arrested soon A car, two pilot gypsies and mobile phones have been seized, they added..