Stories
Delhi Police Arrests Two Fake Loan Agents for Cheating Man of Rs 15 Lakh
N
News18•28-09-2026, 16:45
Delhi Police Arrests Two Fake Loan Agents for Cheating Man of Rs 15 Lakh
- •Delhi Police arrested Adeeb Khan and Aneesh Ali for allegedly defrauding a man of Rs 15 lakh by posing as Direct Selling Agents (DSAs) of private banks.
- •The accused offered a loan at a low interest rate, leading the complainant to send a blank signed cheque of Rs 15 lakh, which was then misused.
- •Rs 6.95 lakh in cash, consisting of 1,390 currency notes of Rs 500 denomination, was recovered from the arrested individuals.
- •Khan, the alleged mastermind, previously worked as a DSA and used his experience and access to customer information to identify and target victims.
- •Police are actively searching for a third associate, Rajendra, and investigating whether other individuals were defrauded using the same method.
Key Questions Answered
Delhi Police apprehended Adeeb Khan and Aneesh Ali on September 25, 2026, following technical and financial analysis of the mule bank account, mobile details, call records, and transaction trails.
Khan leveraged his previous experience as a Direct Selling Agent for private banks, contacting victims via messaging applications while posing as a genuine DSA to offer low-interest loans and overdraft facilities.
According to police investigations, the Rs 15 lakh was divided among the culprits as Rs 9 lakh for Adeeb Khan, Rs 3 lakh for Aneesh Ali, and Rs 3 lakh for their remaining absconding associate named Rajendra.