Police officers from Loni Kalbhor station apprehended a female who purported to be an IAS officer. Posing with a faked WhatsApp photo with the Indian emblem and IAS logo, the woman was involved in loan sharking and coercive behavior.
The identity of the woman in custody is Renuka Ishwar Karnure, aged 32, residing in Siddhivinayak Society, Wadki. Her arrest resulted from a complaint filed by another resident of Wadki at the local police station.
The complainant, a home-based business owner, had contacted Karnure for financial support. In return, Karnure pretended to be an IAS officer.
Desperate for funds, the complainant borrowed ₹60,000 at a monthly interest rate of 5%, and later a total of ₹2.68 lakh at a 10% interest rate. To date, ₹3,48,650 has been paid back in cash and digitally.
Despite having repaid ₹8,08,650 on a loan of ₹2.68 lakh, Karnure asked for an extra ₹4,55,598. If the amount remained unpaid, she threatened the complainant with harm.
Karnure frequently texted via WhatsApp demanding money, imposing a daily fine of ₹200 for late interest payments, and amassing ₹6,000 monthly in punishment fees.
Karnure brandished her false IAS status and displayed the IAS and Indian emblem in her WhatsApp DP. When the complainant couldn’t pay, Karnure forcibly took possession of her husband’s car, returning it only after receiving ₹2.5 lakh.
When Karnure visited the complainant’s residence on July 25, demanding interest payments and security threats. She said she would use her alleged IAS position to manipulate the system and orchestrate a scenario leading to a deadly accident affecting the complainant’s truck driving husband. Scared, the complainant reported to the police.
Upon receiving the report, Loni Kalbhor police registered a case against Karnure and arrested her, revealing her fraud. Police Sub-Inspector Amol Ghodke is looking into whether Karnure has lent money to others at excessive interest rates, too.
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FAQs
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1. What are the implications of being accused of Loan Fraud?
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1. What are the implications of being accused of Loan Fraud?
Loan fraud can result in severe criminal charges such as embezzlement, identity theft, and more. In addition, civil penalties may also include full reimbursement of the embezzled funds plus any interest and penalties.
2. How did the accused manipulate the complainant in this case?
The accused preyed on the desperate need for funds, pretended to be an IAS officer, charged exorbitant interest rates, threatened physical harm, and exploited the fear of misuse of the alleged IAS power to manipulate the system.
3. Can victims of loan fraud recover their money?
While it’s challenging, it is possible, depending on the circumstances of the case. It’s crucial for victims to report any incidents of fraud to the police immediately. The police, in partnership with other legal and financial institutions, may be able to trace and recover the funds.
