Dewas (Madhya Pradesh): A swindler has defrauded a gold loan company,SBFC Finance Bank of Rs 1.73 lakh by depositing fake jewellery.
The incident came to light when the senior officials of the company Anand Phalodiya lodged a complaint against four persons including their own branch manager at the Kotwali police station.
Anand registered a case against the four accused Mahendra Patel, Falguni Kashyap, Pramod Chaudhary and Shailendra Sharma on 24th July.
The police started interrogating around 40 loan holders of the company.
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This incident has caused fear among the customers of all gold loan companies in the city.
All the accused committing frauds are out of police range.
