Officers from the Central Crime Branch (CCB) Bank Fraud Prevention Wing on Thursday arrested seven suspects, including three women, for running a call center and defrauding thousands of people into money. under the pretext of arranging quick loans, on the basis of documents such as bonds and insurance, for a commission. After the raid, police froze ₹ 90 crore parked in an insurance company.
A special team of police on Wednesday night swooped down on the desk, which was operating under a fictitious name on the third floor of a commercial building. They raided the office for over four hours and gathered the operators and key suspects behind them. They seized hard drives and cell phones used by the accused.
“When the police arrived at the scene, cell phones were ringing continuously,” said Additional Deputy Commissioner K. Saravanakumar.
Callers used to attract customers by offering them cheaper loans on the basis of insurance documents and sureties. They would claim they were calling from Goa, Bengaluru and Pune. The main suspects also asked the callers to use fictitious names. They collected money from customers under the pretext of investing in insurance. In some cases, they defrauded money instead of investing as promised. Callers would then avoid calls from victims who paid money.
Muni Rathina, 32, came all the way from Hosur to file a complaint with the town police after local police refused to take her complaint. Ms Rathina said: “Last December one of the callers promised to organize the 10 lakh. They first asked me to pay 20,000 yen for the insurance, then 20,000 yen in commission.
Shivaranjani, 33, from West Mambalam, paid 30,000 yen for a loan. She never got back the amount promised.
Four employees of an insurance company are suspected of having been involved in the racketeering.
Deputy Police Commissioner S. Prabakaran said: “More than 10 bogus call centers operating in Chittlapakkam, Velachery, Triplicane, Vepery, Nanganallur and Anna Salai have been raided this year. So far, 27 suspects have been arrested. Our operations will continue against centers and fraudsters.
The city police have asked the district SPs to register the cases if complaints are made by victims in the respective districts.