Bengaluru: Dealer uses records provided when buying mobile phone to raise loans


Daijiworld Media Network - Bengaluru (SP)

Bengaluru, Mar 16: Employees of a firm dealing in mobile phones misused documents provided by a customer when acquiring mobile phone and raised loans against them. The mischief of these employees came to the knowledge of the customer with much delay.

Srinivas Reddy from Avalahalli here has filed complaint in this connection in Pulikeshinagara police station on the basis of which a case stands registered against the manager of a prestigious mobile store at Frazer Town here, Dakshinamurthy, and an employee Jaffer.

Srinivas Reddy had visited the said mobile phone shop in 2018 to buy a mobile phone. The staff there recommended buying phone on instalment basis (EMI). He agreed to their suggestion, and provided to them copies of Aadhaar card, PAN card, two blank cheques, and photos. The staff said he was eligible to buy mobile phones with Rs 1.3 lac but Reddy bought a phone costing Rs 20,000. He repaid the loan in monthly instalments of Rs 2,332 for nine month. Two more instalments were thereafter debited to his account and when he asked the bank staff, they said that the loan he raised has been shown as Rs 21990.

A few days later, he approached the bank and made enquiries about housing loan eligibility. The bank staff checked and found that four consumer loans were outstanding against his name. He also realized that the people at the shop had misused the documents he had provided at the time of acquiring the phone.

  

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Title: Bengaluru: Dealer uses records provided when buying mobile phone to raise loans



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