Hyderabad Police Issue Loan-Fraud Advisory After 25 Cases Logged Since 2023

Overview

• The Central Crime Station recorded 25 loan-fraud cases from 2023 to 2025, with five in 2023, eight in 2024, and 12 in 2025.
• Scammers impersonate banks, NBFCs, or cooperatives and seek PAN, Aadhaar, bank details, OTPs, or advance charges without disbursing loans.
• Investigators found use of WhatsApp and Telegram outreach, fake websites, and impersonation of reputed institutions to contact targets.
• Cases included fraudulent gold loans using imitation or already mortgaged ornaments and diversion of loan funds to offenders’ personal accounts.
• Commissioner V C Sajjanar advises verifying lenders via official sites or regulators, refusing upfront fees, safeguarding documents, using verified payment channels, and reporting suspicious offers to police or CCS.