Mumbai Loan Scam Exposed: International Blackmail Syndicate Arrested

Bandra, Mumbai: In a major breakthrough, the Bandra police have nabbed two individuals from Uttar Pradesh for their involvement in a loan scam with international links. The accused, Gulshankumar Singh (24) and Anujkumar Nankishor (19), were arrested in Bulandshahr on December 20 for blackmailing victims using morphed photos after gaining access to their personal details.

The scam worked by sending online loan application links to individuals, luring them to provide sensitive information and upload documents. Once the victims clicked the link, their contacts and photos were stolen, with the images later altered to extort money. In one case, a 39-year-old man from Bandra West was forced to pay Rs. 9,900 after his photo was manipulated.

Further investigation revealed the involvement of international elements, with traced IP addresses connecting to foreign countries. Anuj Kumar had also enlisted a group of 15 young recruits and opened bank accounts in their names to collect fraudulent funds, which were later transferred abroad through Bitcoin.

The police are continuing to investigate the syndicate’s international connections, which hint at a widespread network of scammers.