PM Mudra Yojana Fraud: 5 Arrested in Kolkata for Duping Loan Seekers

• Kolkata Cyber Police arrested five individuals for operating a widespread online fraud.
• The fraudsters promised loans under the Pradhan Mantri Mudra Yojana but never disbursed them.
• Victims were ordinary people seeking self-employment or business loans.
• A raid on a flat in Purba Jadavpur police station area led to the arrests.
• Eight Android and six keypad mobile phones were seized from the accused.

Why It Matters: Five arrested in Kolkata for a large-scale online fraud targeting PM Mudra Yojana loan applicants.