An ex-bank sales executive along with another sales executive of a mobile phone company cheated many persons to he tune of nearly Rs 10 lakh by assuring personal loans and bank jobs. K Venkata Phani Raj Kiran alias Kiran, staying at Uppal, and S Dheeraj Kumar alias Dheeraj, a Vodafone marketing executive staying at Parsigutta, were arrested by the task force agents.
The neighbors who turned friends used to communicate with people over the phone and attract them with personal loans. Kiran used to acquire money from the loan candidates on the pretense that they have to pay to bank officials to process the loans quickly. If compelled, he would provide customers a fake loan sanction letter which is prepared by downloading the logos and the appropriate content from the website of the HDFC Bank.
Victims paid Rs 1.73 lakh to them expecting to get personal loans and employment to their sons in the State Bank of India (SBI) as car drivers and 12 others paid them Rs 7.80 lakh for obtaining jobs in the HDFC Bank. Another victim, gave them Rs 30,800 to get a housing loan in the HDFC Bank.
The accused called the aspirants and gave them photo copies of appointment orders. When they went to the bank with the letters, they recognized that the orders were bogus. (Source: Indian Express)