Man arrested for duping NRI of Rs.1.4 mn
New Delhi, September 06: A man who duped a non-resident Indian (NRI) of Rs.1.4 million by posing as an agent of a private bank was arrested here on Saturday, police said.
The victim, Pritpal Singh Malhotra, resides in the US. He wanted to purchase a flat in Gurgaon and was looking for a good home loan scheme. He was approached by Davinder Singh Ratra who posed as the chief executive of a company that helped procure loans from private banks, police said.
Ratra arranged a home loan of Rs.5 million for Malhotra from ICICI Bank’s Janakpuri branch, police added.