PM's name used in fake loan schemes to con people, again

In yet another instance of misusing Prime Minister Narendra Modi's name, the CBI registered a case against unidentified persons over a loan scheme.

The case has been registered for allegedly using the Prime Minister's name to con people through a purported loan scheme. The investigation agency had received a complaint from the Prime Minister's Office (PMO) nearly 11 months ago alleging that the scheme had misused the name of the Prime Minister.

The perpetrators had allegedly given a misleading advertisement in a leading national daily on July 11 last year, offering loans under the 'Pradhanmantri Jan Kalyan Yojna' with no file charge, no guarantor, zero per cent interest, 60 per cent rebate within 12 hours by logging on www.satyamgroup.org, the complaint read.

"This appears to be a clear case of forgery/impersonation wherein the name of PM has been misused," it stated.

This is not the first time that such a ponzi scheme has come to light. Earlier, in May this year, the CBI had registered another FIR in a similar case after the PMO had been approached by a person from Himachal Pradesh who claimed he had been duped by a loan scheme agent who claimed the scheme was launched by the PM.

Post demonetisation, such cases had surfaced where fake mobile recharge websites were floated as also several imitating government websites that carried the name and photo of the PM and the links to these fake websites were floated on social media sites.