Fraudulent Loan Agents

I have been trying to obtain business loan for the past couple of months. In the process, I came across some `Agents' who are out there to fleece people. Their modus operandi is simple. They will ask you to mail them the documents. Thereafter, they will promise that the loan will be approved soon - in 10 days time. Then they will keep giving you some excuse or the other and extend the loan disbursement date to more than a month. Thereafter, they will say that the loan is rejected. Then they will put you on to some `Freelance Agent' who will get the loan done for sure but on payment of a Guarantor's fees which could be anywhere between 5000 to 10,000. The freelance agent will promise to get your loan disbursed in 10 days flat. But again the disbursal date will get pushed and finally, you will realize that you have been duped.
This happened with me about 2 months ago wherein I paid Rs.10000/- to a lady named Nisha, who lives in Sagarpur, Delhi. She was introduced to me by a man named Aryan saying that she will get the loan disbursed. There are many such `Agents' who advertise offering loans at attractive interest rates and will take money from you on some pretext or the other (guarantor's fee, processing fee, etc.). more  

View all 7 comments Below 7 comments
Don't Fear the Police; work with them to curb crime in the NCR. more  
The Banks will extend loans for business with proper documentation; no need to hire agents. I also agree that an FIR must be filed immediately to prevent another episode of such crime. more  
Get in touch with your business details and your loan requirements.. Will try and help.. rgds ________________________________ From: Ravi Prabhakaran Sent: Friday, May 6, 2016 12:01 PM To: raviaurora52@hotmail.com Subject: New resource "Fraudulent Loan Agents" in [Residents of GURGAON] more  
Further, you can file an FIR with police giving details and naming the persons with addresses. Now a days police take action promptly on such cases. more  
I agree with Kamal Gupta. Now a days, it is very easy to approach a bank, both public sector and multinational. Your documents must be in order. It does not take more than 10 days if your documents are in order. more  
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