Man held for cheating Pvt Finance firms
The South Zone team of Commissioner’s Task Force arrested one person for allegedly cheating private finance companies and bank using fake documents.
According to police, the accused, Puppala Venkataiah (29) used to prepare and provide fake Bank Transactions, Voter IDs and other documents required to procure loans from different banks to needy customers. Venkataiah had earlier worked with several financial firms and was well versed with knowhow of loans’ sanctioning process.