📌 Quick Summary : Education Loan Fraud Haryana
- Economic Offences Wing arrests alleged mastermind in ₹35 lakh education loan fraud
- Accused allegedly promised overseas education loan for a student’s foreign studies
- Victim family claims processing fees were collected before fraud was executed
- Fake email ID allegedly created using victim’s information
- Education loan reportedly sanctioned and diverted without family’s knowledge
- Police investigating possible involvement of additional individuals
🎓 Fatehabad News: Accused Arrested in Major Education Loan Fraud Case
The Economic Offences Wing of Fatehabad Police has arrested the alleged mastermind behind a sophisticated education loan fraud in which a family was reportedly cheated under the pretext of securing funds for overseas education.
Police say the accused allegedly used fake documents, manipulated digital records and exploited banking procedures to obtain an education loan worth ₹35 lakh in the name of a student pursuing studies abroad.
👮 Main Accused Arrested by Economic Offences Wing
According to police officials, the arrested accused has been identified as:
Hukumat Rai alias Ajay Mehra
a resident of DSP Road, Fatehabad.
Investigators allege that the accused had been operating schemes involving overseas education and education loans for a considerable period and may have targeted multiple victims using similar methods.
💸 Promise of Foreign Education Loan
According to the complaint filed by:
Vinod Kumar, a resident of Bhuthan Khurd village,
the accused promised to arrange a:
🎓 ₹35 lakh education loan
for his daughter to pursue studies abroad.
The complainant alleged that the accused demanded money for:
- File processing
- Documentation
- Advance charges
- Administrative expenses
The family reportedly paid:
💰 ₹71,500
toward the process.
📱 SIM Card Allegedly Taken Using OTP Excuse
According to the complaint, the accused repeatedly claimed that OTP verification was required for the loan process.
Investigators allege that during this process:
📲 The victim’s mobile SIM card was taken into the accused’s possession
under the pretext of completing banking and verification formalities.
Police believe this step played a crucial role in gaining unauthorized access to sensitive information.
📧 Fake Email ID Allegedly Created
According to investigators, after obtaining access to the victim’s mobile number, a fake email account was allegedly created in the student’s name.
Police suspect that this email account was then used to:
- Submit loan-related communications
- Receive banking correspondence
- Complete digital verification requirements
without the family’s knowledge.
🏦 Education Loan Allegedly Sanctioned and Diverted
Investigators allege that the accused, along with possible associates, managed to secure an education loan through:
🏦 Credila Bank
using the fake email account and related documentation.
According to police, the sanctioned loan amount was subsequently misappropriated.
The complainant alleges that the family never received the funds despite the loan being approved.
⚠️ Fraud Discovered After EMI Deductions Began
The alleged fraud came to light only after:
💳 Loan installments started being deducted
from the victim’s account.
The family then approached the accused seeking:
- Loan login credentials
- Financial details
- Clarification regarding the loan
However, according to the complaint, the accused failed to provide satisfactory answers.
🚨 Threat Allegations Surface
The complainant further alleged that when the family demanded information and accountability, the accused:
❌ Refused to cooperate
❌ Issued threats
❌ Allegedly warned that he could flee abroad
These allegations prompted the family to seek police intervention.
🚔 Police Register Case and Launch Investigation
After verifying the complaint, Fatehabad Police registered a case under various provisions of the Bharatiya Nyaya Sanhita (BNS).
Investigators are currently examining:
- Banking records
- Email communications
- Mobile SIM activity
- Digital verification logs
- Financial transaction trails
Police are also probing whether other individuals were involved in facilitating the alleged fraud.
🧠 What Education Loan Fraud Haryana Means
The Education Loan Fraud Haryana Case highlights a growing trend of digital financial fraud linked to overseas education aspirations.
Fraudsters increasingly exploit:
- Education loan applications
- OTP verification systems
- Fake email accounts
- Digital banking procedures
to gain unauthorized access to financial resources.
🚨 Common Warning Signs
- Requests to hand over SIM cards
- Demands for OTP access
- Unofficial loan processing agents
- Lack of direct communication from banks
- Upfront processing fees
📌 Important Advice
Before applying for an education loan:
✔ Deal directly with authorized banks
✔ Never share OTPs or SIM cards
✔ Maintain control of email accounts
✔ Verify every loan document independently
✔ Monitor accounts regularly for unauthorized activity
❓ FAQs : Education Loan Fraud Haryana
1. How much was the education loan involved in the Education Loan Fraud Haryana?
The alleged fraud involved an education loan worth approximately ₹35 lakh.
2. How much money was allegedly collected initially in Education Loan Fraud Haryana?
The complainant alleges that ₹71,500 was collected as processing and advance fees.
3. Which bank’s loan is being investigated in Education Loan Fraud Haryana?
Police say the loan was allegedly sanctioned through Credila Bank.
4. How was the fraud discovered?
The family reportedly became aware of the issue when loan installments began getting deducted.
5. Has anyone been arrested in Education Loan Fraud Haryana?
Yes. Economic Offences Wing officials have arrested the alleged mastermind, Hukumat Rai alias Ajay Mehra.
🧾 Final Thoughts On Education Loan Fraud Haryana
The Education Loan Fraud Haryana case demonstrates how overseas education dreams can be exploited through increasingly sophisticated financial scams.
Experts urge students and families to verify every loan process directly with authorized financial institutions and never surrender control of mobile numbers, OTPs or personal digital accounts.
Source : Jagran
Read About : America Immigration Fraud Case : Man Arrested in ₹33 Lakh Fraud in Fatehabad
