Kalyan Loan Fraud: Millions Looted Under Pretext of Financial Aid

Kalyan Dombivli
N
News18•15-01-2026, 09:24
Kalyan Loan Fraud: Millions Looted Under Pretext of Financial Aid
- •Dilpreet Kaur Garewal, a Khadakpada resident, was defrauded of millions under the guise of arranging a loan.
- •Fraudsters Trupti and Durgappa Jadhav promised a 25 lakh rupee loan but used Garewal's documents to secure over 81 lakh rupees from various banks.
- •The fraud occurred between November 17, 2024, and January 13, 2026, resulting in a financial loss of 48 lakh 34 thousand 316 rupees.
- •Dilpreet used 25 lakh rupees for household furniture, and Ashutosh returned 7 lakh 85 thousand rupees.
- •The remaining amount was allegedly embezzled by the fraudsters, who promised to repay the outstanding loan.
Why It Matters: A Kalyan resident lost millions in a sophisticated loan fraud, highlighting the dangers of sharing personal documents.
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