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Loan Fraud: Five arrested for ₹25-cr loan fraud | Ranchi News

Five persons have been arrested by the CID in Ranchi for a loan fraud of ₹25 crore. The accused cheated hundreds of people, including employees of Central Coalfields Limited, by procuring signed blank cheques from them in the name of providing loans. The CID claimed that the accused duped people of around ₹25 crore and seized four mobiles, a laptop, a computer, and bank-related documents from them.

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