By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
India Times NowIndia Times NowIndia Times Now
Notification Show More
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Reading: Loan defaulter arrested, assets worth ₹7 crore seized
Share
India Times NowIndia Times Now
Font ResizerAa
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
Search
  • Bharat Shreshtha Ratna Sanman
  • India News
  • Categories
    • Technology
    • Entertainment
    • The Escapist
    • Insider
    • Finance ₹
    • India News
    • Science
    • Health
Have an existing account? Sign In
Follow US

Home » Loan defaulter arrested, assets worth ₹7 crore seized

India News

Loan defaulter arrested, assets worth ₹7 crore seized

Times Desk
Last updated: May 18, 2026 2:18 pm
Times Desk
Published: May 18, 2026
Share
SHARE


The cybercrime police arrested a fraudster, Neelam Pavan Kumar, who borrowed loans with fake documents and did not repay them for the last few years.

A native of Gudur village in Krishna district, Pavan Kumar, worked in e-Seva for some time. He opened fake accounts with false ID cards, residential proof and other documents, said Deputy Commissioner of Police (DCP-Cybercrimes) K. Krishna Prasanna.

The accused opened 26 accounts in Eluru Road, Gunadala and other branches of a private bank in Vijayawada, and borrowed loans worth ₹5.28 crore. Pavan Kumar was wanted in other cases in Krishnalanka, Bhavanipuram, Bandar Two Town and Gudur police stations, Ms. Prasanna said.

Police seized documents valued about ₹7 crore, a car, 122 grams of gold jewellery, 927 grams of silver ornaments, nine ATM cards and other valuables from the accused, the DCP said and appreciated the police for arresting the fraudster.

Published – May 18, 2026 07:48 pm IST



Source link

Air India to operate relief flight to bring back 228 passengers stranded in Ulaanbaatar
Prakash Raj should tender unconditional apology to all Hindus: Valmiki Research Center Director Lajapathirai
Kerala Assembly polls 2026: Open campaigning to end at 6 p.m. today
Nagpur tops Maharashtra’s hailstorm risk index, finds IMD’s 30-year analysis 
Uptake of induction stoves sluggish in low-income Indian households
Share This Article
Facebook Email Print
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow US

Find US on Social Medias
FacebookLike
XFollow
YoutubeSubscribe
TelegramFollow

Weekly Newsletter

Subscribe to our newsletter to get our newest articles instantly!
[mc4wp_form]
Popular News
EntertainmentMovieMusic

Anurag Dobhal: Aly Goni to Rajat Dalal, Bigg Boss contestants express concern after UK07 Rider’s suicide attempt

Times Desk
Times Desk
March 8, 2026
Emergency evacuation carried out at KIA after smoke detected inside IndiGo aircraft
Bihar Assembly polls to be held in two phases on November 6 and 11; counting on November 14
SIR extension proves that the revision is a hurried process, says Trinamool
Hundeds of tribals, farmers march in Dahanu to submit land-related claims to Palghar district office
- Advertisement -
Ad imageAd image
Global Coronavirus Cases

Confirmed

0

Death

0

More Information:Covid-19 Statistics
© INDIA TIMES NOW 2026 . All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?