Woman pays Rs 3 lakh commission to avail Rs 50 lakh loan, gets cheated

News Network
November 24, 2019

Bengaluru, Nov 24: A woman from Thiruvanantapuram in Kerala has lodged a complaint claiming that she has been cheated of Rs 3 lakh by a man she identified as Aravind.

Suma M told Cubbon Park police that Aravind had promised to help her avail a Rs 50-lakh loan for a commission of Rs 3 lakh.

“I wanted to start a business and was looking for a Rs 25-lakh loan. I got Aravind’s number online while I was looking for people who could help me. He was from Bengaluru and claimed to be a commission agent at a bank and that he could help me,” Suma was quoted as having told the police.

Having spoken with Aravind, Suma also roped in one of her relatives who was also looking to avail a Rs 25-lakh loan. Together, they approached Aravind, who promised to get them a Rs 50-lakh loan.

“As instructed by him, we arrived in Bengaluru on November 19. The next day, we met Aravind at a coffee shop on MG road. He told us that the loan request had been processed and that we need to give him Rs 3 lakh as commission and that it would also cover stamp charges,” police said quoting Suma’s statement.

Suma and her relative gave Aravind the money, who then left the coffee shop saying he would come back with the loan papers but did not return. “We waited for him till night, called him repeatedly, but his phone was off,” Suma’s complaint read.

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Press Release
January 8,2020

Puttur, Jan 8: NCC Officer and two NCC Cadets of St Philomena College Puttur have been selected to participate in prestigious Republic Day Parade on January 26, 2020 in New Delhi.

NCC Officer, Lt. Johnson David Sequeira, Assistant Professor of Bachelor of Social Work has been selected as Contingent Officer of Karnataka and Goa Directorate to train the cadets in New Delhi.

Senior Under Officer Chethan P of first year BCA has been selected to Flag Area and Prime Minister’s Rally.

Junior Under Officer Mahalasa Pai of first year BCom has been selected to participate in cultural event which will be presented on the occasion of VIP’s visit.

These two meritorious cadets of the NCC wing of the College underwent a four months’ rigorous training at various places of Karnataka.

The Correspondent of the College Rev. Fr Alfred J Pinto, Principal Prof. Leo Noronha and Campus Director Rev. Dr Antony Prakash Monteiro expressed their happiness and compliments for the tremendous achievement of the NCC Officer and the cadets.

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News Network
March 23,2020

Kasaragod, Mar 23: With 19 more positive cases reported on Monday, surveillance against people coming out of their houses and wandering around in public places has been intensified in the district.

With today's addition, the total number of positive cases of Novel Coronavirus (COVID-19) has increased to 38 in Kasaragod.

There will be total restriction in place for the public to step out of their houses. Those who are found outside on the streets would be arrested, caution the district authorities. Please log in to get detailed story.

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News Network
February 3,2020

Feb 3: The Karnataka government is probably the only state to have so many nodal agencies to deal with investment proposals. There is the KIADB, Karnataka Udyoga Mitra, State High Level Clearance Committee (SHLCC), State Level Single Window Clearance Committee (SLSWCC) and District Level Single Window Clearance Committee.

While the government claims these have been created to speed up the process of setting up industries, they’re only delaying it. “A four-to-five year delay in acquiring land has become the norm,’’ say industry sources.

“These entities are only adding layers of obstacles to investors and is not really helping industries,” said a senior IAS officer.

While DLSWCCs are headed by deputy commissioners are empowered to clear investment proposals up to Rs 15 crore, SLSWCC, headed by the industries minister, clears proposals more than Rs 15 crore and up to Rs 500 crore. Proposals worth more than Rs 500 crore have to be cleared by SHLCC chaired by the CM. These entities have to meet regularly and clear proposals. But often, these meetings don’t happen as scheduled. “The delay starts from here,” said Vasant Ladava, industrialist and member of Karnataka Industries and Commerce, Bengaluru.

The single-window agencies involving representatives of departments like industries, revenue, pollution control board and forest are supposed to collectively give necessary clearances required for industries. “But, of late, they have become only project approvers without other responsibilities, leaving investors in the lurch,” said Ladava.

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