Pramesh S Jain & Yogesh K Porwar
T
he High grounds police on Saturday registered a case of cheating against a woman and her associates who cheating thousands of gullible home makers offering loans.
Based on the complaint filed by one of the victim,the police have booked the accused identified as Reshma Banu,Tausia Anjum,Anand and others charging them under cheating,criminal breach of trust and intentional insult to provoke breach of peace against them for further investigations .
The accused according to the complaint floated a cooperative society and advertised among the residents offering loan under self help scheme and to start business ranging from Rs.1 lakh to Rs.25 lakh within 15 days.
AS the word of mouth spread thousands of gullible people enrolled and paid the processing fee amounting to Rs. 3,000 to Rs.5,000.
The accused even offered special privileges to the members who get more and more people into membership fold.
After collecting the membership and processing fee, the accused shut down the office and escaped and started to operate from different part of the city using the same Modus Operandi,the complainant,said .
The police are now on the lookout for the accused.
