Ludhiana: The Ludhiana police busted a Multi-Crore loan fraud racket. The accused used to lure victims to avail group loans on the basis of PAN/Adhaar card details at lucrative rates and duped money in the name of processing fees recovery. The Police arrested the 2 accused and recovered Rs.9.5 lakh, 20 mobile phones, 33 ATM cards, and fake documents from the possession of the accused persons.
