Fraudster Who Embezzled 3 Crore INR Pretending to Be a Bank Manager Arrested
In the Manjalpur area of Vadodara, a fraudster who had identified himself as the manager of Canara Bank and had embezzled over 3 crore INR has been caught. The scammer was apprehended while passing through Jambuva in a car.
Fraudster Misleads Victims with Fake Gold Loan Promises
In the Manjalpur area, Vishal Jayantibhai Thakkar, a scammer who falsely claimed to be the manager of Canara Bank, deceived numerous acquaintances and friends.
Operating from locations such as Maple Meadows, Reliance Mall, Old Padra Road, and Vedant Vishram Apartments in Jambuva, Vadodara, as well as Umang Nagar, 150 Ring Road, Rajkot, Thakkar lured victims with promises of gold loans.
He would convince clients to submit blank forms and signatures, claiming that a gold loan would be processed within five days. Instead, Thakkar transferred the loan amounts to various accounts and withdrew the funds for himself.
Fraudster Changes Identity and Location to Avoid Detection
Vishal Thakkar, who committed fraud worth millions under the pretense of gold loans, was actually named Ravi Jayantibhai Peshawariya from Rajkot.
Previously involved in fraud in Rajkot by selling old vehicles as new, Ravi faced legal cases which led him to relocate. Unable to secure loans, he moved to Khambhat and subsequently to Vadodara.
In Vadodara, he changed his addresses multiple times, operating from Old Padra Road and Jambuva Makarapura while continuing his deceitful activities.
Fraudster Deceives Victims with Gold and Loan Scams
The fraudster Vishal, also known as Ravi, acquired over 3 kilograms of gold from a woman and other acquaintances under the guise of providing gold loans. He transferred the loan amounts to his own accounts.
Additionally, he defrauded the woman by promising a housing loan of 24 lakh INR and another 10 lakh INR loan for her husband’s shop, totaling a scam of 2.5 crore INR.
Fraudster Swindles Gold by Claiming Loan Targets
The scammer deceived an acquaintance by claiming he needed to meet his gold loan target and obtained 23 tolas of gold.
Similarly, he acquired 30 tolas of gold from another acquaintance under the same pretense. After receiving the gold, he transferred the amounts to various accounts and withdrew the funds.
Fraudster Captured While Passing Through Jambuva
After being on the run for an extended period, Vishal, also known as Ravi Thakkar, was apprehended by the Vadodara police.
The Crime Branch received a tip-off about his whereabouts and placed surveillance in the Jambuva area. Thakkar was caught while passing through in a car.
