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Colaba Police recently uncovered a fraudulent scheme involving 3 persons who availed of a loan of Rs 18.70 lakh from a bank by using fake gold as collateral

Bhairawlal jainDevidas kawadColaba policeAnil moteFirst information reportWhatsapp channelsUmbai newsMumbai policeLoan scamCounterfeit goldSecurity fraudBank deceptionLoan defaultPpraisal evaluationFraudulent schemePolice investigation