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Propmyna Khabri
posted on 10 AprGang Busted in ₹100 Crore Housing Loan Fraud in Noida
Heard of another housing loan fraud, this time in Noida. Makes you wonder how safe investments really are, doesn't it? Turns out a gang was busted for allegedly colluding with builders to snag ₹100 crore in housing loans using fake documents. Eight people are already arrested. They were creating fake property papers and identities to get loans, then funneling the money through shell companies. Does this kind of news change how you're looking at the Noida market? Are you still confident in the area's investment potential?
#Noida#fraud#legal
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