City based renowned beautician was duped to the tune of Rs 1.3 lakh by a Banglore based finance company. The money was paid to the offender for facilitating a loan of Rs 95 lakh within a single day.

According to the police, Nikki Bawa and her husband Gurdeep Singh Bawa were lured of facilitating loan within 24 hours of the submission of the application. Gurdeep Singh after learning that Banglore based Richpal Finance Company could facilitate loan easily and quickly, decided to avail loan for expanding his business.

Allured by the offer Gurdeep Singh contacted the company and asked to facilitate a loan of Rs 95 lakh for business expansion. The company officials told the victim that their victim’s firm has deferred in taxes and would be provided with loan only after the paying the taxes and which would be facilitated by the company officials after which the victim paid Rs 1.28 lakh in 20 installments. The money was deposited in the different bank accounts of the company officials which were provided by them. 

The victim deposited the amount but did not received the loan and after waiting for 2 months when the finance company.  Victim has lodged a complaint with the State Cyber Cell police. The police have started investigation and have confirmed that the office of the Richpal Finance Company in Banglore would be searched and raided. The bank account details which were used to dupe the victim would be investigated and the fraudsters involved in the nexus of cheating people would be nabbed.