Police have uncovered an alleged fake loan call centre in Bhiwandi that is accused of collecting processing fees from applicants across India without providing the promised loans. Eight people associated with the operation have been booked, while investigators examine digital evidence and financial records to determine the scale of the suspected fraud.
Raid Uncovers ‘Quick Loan’ Operation
Police acted on confidential information and raided premises in the Anjurphata area on June 19. Officers found a functioning call centre allegedly operating under the name “Quick Loan.”
Computers, mobile phones, headsets, documents and other electronic equipment valued at approximately ₹1.03 lakh were seized during the operation.
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Investigators said callers contacted potential borrowers in different parts of the country and offered loans requiring minimal documentation. Applicants were allegedly promised rapid approval, attractive terms and quick disbursal.
After an applicant agreed to proceed, the callers allegedly demanded payments described as processing charges, file fees and verification costs.
Applicants Paid Fees but Received No Loans
Police claim that the operators either failed to arrange the loans or significantly reduced communication after receiving payments. Applicants were allegedly left without the promised credit or the money paid in advance.
An FIR was registered on June 20 against eight people, including suspected operators and callers associated with the centre. They were booked under provisions relating to cheating, criminal breach of trust, common intention and the Information Technology Act.
Investigators are examining call logs, digital records, banking transactions and payment trails to establish how the alleged operation functioned. The total sum collected through the scheme has not yet been determined.
Authorities are also seeking to establish how long the call centre operated and identify people who may have paid fees after receiving loan offers.
Possible Wider Network Under Investigation
Police suspect the number of victims may be substantial because the call centre allegedly contacted people in several states. Customer databases and communication records recovered from the premises are being analysed.
Forensic examination of the seized devices is underway to identify payment recipients, beneficiaries and other individuals potentially connected with the operation.
Investigators are also examining whether the facility was linked to a larger cyber fraud network operating across multiple regions. Additional suspects may be identified as the analysis of financial and electronic evidence progresses.
