Patna Police have arrested three people, including a woman, for allegedly running a cyber fraud racket in the name of the Prime Minister’s Mudra Loan Scheme and other government financial assistance programmes.
According to investigators, the accused used fake Facebook pages and online advertisements to attract people looking for easy government loans. Victims were then allegedly charged processing fees, but no loans were ever disbursed.
Raid Conducted in Patrakar Nagar Area
Police said the Cyber Crime and Security Unit received information on the night of July 1 about a suspected cyber fraud network operating from rented accommodation in Yogipur under Patrakar Nagar police station limits.
After verifying the input, a joint team of the Cyber Police Station and CCSU conducted a raid and arrested three accused.
The arrested individuals have been identified as:
- Akshay Kumar from Nawada district
- Shivam Kumar from Gaya district
- Rimjhim Kumari from Patna
Mobiles, ATM Cards and ₹6.08 Lakh Cash Seized
During the raid, police seized:
- 14 mobile phones
- One laptop
- One tablet
- 15 ATM cards
- Five cheque books
- Four passbooks
- Seven SIM cards
- Three notebooks
- ₹6.08 lakh in cash
Investigators believe the recovered cash may be part of the alleged fraud collections.
Fake Loan Approval Certificates Sent on WhatsApp
According to police, the accused had allegedly been operating the racket for nearly one year.
They reportedly created fake social media pages and advertisements in the name of government loan schemes to collect personal details from applicants through online forms.
The accused then allegedly contacted applicants while posing as loan office representatives. Police said Rimjhim Kumari primarily handled calls and informed victims that their loan applications had been approved.
Applicants seeking loans of up to ₹1 lakh were allegedly asked to pay around ₹2,000 as processing fee.
After receiving payment, the accused allegedly sent forged loan approval certificates through WhatsApp, falsely claiming that loans ranging from ₹50,000 to several lakh rupees had been sanctioned.
Money Routed Through Wallets and CSPs
Investigators said the accused allegedly received payments through multiple digital wallets.
The money was then reportedly converted into cash through Customer Service Points before being deposited into different bank accounts.
Police are now examining the seized devices, bank documents and SIM cards to trace the complete financial trail.
Victims Found Across Four States
A preliminary forensic examination of seized phones and SIM cards reportedly found links to multiple complaints registered on the National Cyber Crime Reporting Portal.
According to investigators, victims have been identified from:
- Bihar
- Jharkhand
- Uttar Pradesh
- Maharashtra
Police believe the alleged racket had an interstate reach and may have targeted several loan seekers using the same method.
Citizens Warned Against Fake Government Loan Ads
Cybercrime experts have warned that fraudsters frequently misuse the names of government schemes to gain public trust.
Citizens should verify all government loan information only through authorised portals and official banking channels.
No applicant should transfer processing fees through random QR codes, personal wallets, private WhatsApp links or unofficial social media pages.
Businesses and individuals can also maintain clearer payment trails through bookkeeping services in india, helping them track loan-related payments, verify receipts and identify suspicious financial demands before losses occur.
Conclusion
The Patna fake PM Mudra Loan scam shows how cybercriminals exploit public trust in government schemes to collect money from people seeking financial support.
Applicants should remember that genuine government loan processes are handled through authorised banks, verified portals and official documentation—not through random Facebook pages, WhatsApp approvals or personal payment links.
Shunyatax Global Insight
Loan frauds built around government schemes succeed because they combine public trust with financial urgency. Fake approval certificates, small processing fees and social media advertisements create the appearance of legitimacy while hiding the actual fraud structure.
Shunyatax Global believes individuals and small businesses should keep proper records of every loan application, fee payment and official communication. Professional bookkeeping services in india can help track financial transactions, identify unauthorised payment requests and maintain clean documentation before applying for or accepting any financial assistance.