Category : Search result: car collateral fraud


Man held for renting 11 cars, using them as collateral

A 32-year-old man from Moradabad was arrested in Ghaziabad for allegedly renting 11 cars and then mortgaging some to raise cash after his business suffered losses. Police have recovered eight vehicles so far.

Phone Locking for Loan Repayment: A New Credit Tool

Could locking non-essential smartphone features for missed payments reduce loan defaults and expand credit access in India? Experts explore 'digital collateral' as a tool for financial inclusion.

TN Govt Removes Collateral for Loans Under ₹4 Lakh

Tamil Nadu's new money lending rules remove collateral for loans under ₹4 lakh and up to ₹10 lakh for SHGs, aiming to empower low-income groups and women entrepreneurs. Discover how this policy change fosters financial inclusion.

Vikram Bhatt arrested in ₹30 crore fraud case

Filmmaker Vikram Bhatt arrested in a ₹30 crore investment fraud case. Joint police operation in Mumbai leads to detention. Details on the biopic project and allegations inside.

Kanpur: Rs 5 Cr Fraud in Blue Chip Scam, Accused Held

Dubai-based investors allege a massive fraud by Blue Chip Company in Kanpur, losing crores. Police arrest accused Ravindranath Soni and plan a Red Corner Notice. Read the full investigation details.

Rs 55 Lakh Fraud Uncovered in 4 Jalandhar Cases

Jalandhar police register four separate fraud cases totaling Rs 55 lakh. Victims deceived by fake promises of jobs, loans, and online schemes. Authorities urge public vigilance.

Kochi Visa Fraud: Rs 5 Crore Lost, 25 Agents Held

Kochi police uncover major visa fraud ring shifting from healthcare to blue-collar job scams for Europe & Gulf. Over 25 agents arrested, victims lose Rs 5+ crore. Experts warn of new tactics targeting desperate youth.

India's Rich Spend Crores on Customising Luxury Cars

High-net-worth Indians are driving a luxury car customisation boom, spending up to ₹60 lakh extra on features from diamond-studded headlights to personal colour schemes. Discover the trends redefining opulence.

Rajkot Cashier Booked for Rs 13 Lakh Fraud

A cashier at a Rajkot car dealership has been booked for allegedly siphoning off over Rs 13 lakh. The fraud was uncovered during an internal audit. Read the full details.

Ahmedabad IT Pro Loses Rs 34.2L in UK Job Scam

A 30-year-old IT professional from Ahmedabad was cheated of Rs 34.2 lakh by fraudsters posing as UK job consultants. Learn how to protect yourself from such cyber fraud schemes.

Italian Man Posed as Dead Mother for Pension Money

Italian police uncover shocking fraud where son allegedly impersonated his deceased mother for years to collect pension. The ruse ended when officials noticed something strange about the 'elderly woman'.

How to Prevent Mobile Number Change Fraud

Learn how scammers hijack mobile numbers for online fraud and discover 5 crucial steps to safeguard your bank accounts and digital identity. Act now to protect yourself!

Couple Killed in Shimla Car Accident

A married couple died tragically when their car skidded off the road in Shimla's Chirgaon area. The accident occurred on Sunday evening near Kandachchi Bridge.

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