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Mumbai: Banker turned loan scammer in police net for fourth time
Updated On: 25 September, 2023 07:15 AM IST | Mumbai | Faizan Khan
Mumbai Crime Branch says former bank employee who has been arrested thrice in the past used intricate knowledge of the system to forge documents, defraud citizens seeking loans and credit cards
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Pradeep Maurya, mastermind of the credit card scam
The Mumbai Crime Branch claims to have solved a credit card scam with the arrest of a 49-year-old banker, Pradeep Maurya, who has used his extensive knowledge of the banking system to become a master loan scammer. Maurya has consistently defrauded numerous people looking for loans and credit cards and has been arrested thrice in the past. In the latest case, Maurya and six others have been held for securing high-limit credit cards using forged documents.
Maurya used his banking knowledge, acquired during his employment at a prominent private bank, to devise techniques to manipulate documents. In the current case, Maurya’s gang used forged documents to obtain credit cards from leading banks with credit limits ranging from Rs 5 lakh to Rs 10 lakh. The gang procured these for individuals who lacked necessary documents and swiped half the available limit as commission. Police suspect that over the past year and a half, the gang has scammed at least 50 to 60 people.
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