On the pretext of facilitating loan a 54-year-old man was duped to the tune of Rs1.5 lakh; a case of fraud was registered by MP Nagar police on Saturday.
According to the police the victim Dhirendra Chandoria provided Rs1.5 lakh to the accused Susheel Dhurve who never returned the money and failed to facilitate loan for the victim.
The victim is a resident of Minal Residency and came into contact with the accused in search of availing housing loan.
Victim provided Rs1.5 lakh to accused in the year 2014 and later when he enquired for the development in the loan process the accused escaped with different excuses. Frustrated over the delay and dejected by the excuses victim lodged a complaint with the MP Nagar police.
In his complaint victim claimed that he had provided Rs1.5 lakh to the accused during the period of August 2014 to November 2014 in parts. The accused demanded money to facilitate loan and for making the down payment. The victim was unaware regarding the process followed by the accused and provided money. The accused was aware of the financial condition of the victim and lured him to provided money in parts to facilitate loan.
Accused deals in facilitating loans and is a resident of Char Imli area.
Based on the complaint after preliminary investigation the police have registered a case under section 420 of the IPC and have started
search for the accused as after the complaint was lodged accused went absconding and is still missing.