This story is about Rakesh Kumar Rajput, who is a resident of Sector 52, said he had taken a loan from a nonbanking finance company (NBFC) last year, and did not pay the last three EMIs, and ended up Losing 32500 when an unknown called on 18 may, In this difficult situation where every third person is facing financial issue and when this kind of incidents happens it is disheartening, these kinds of incidents effects mentally as well as financially.
Rakesh Kumar Rajput, a resident of Sector 52, said he had taken a loan from a nonbanking finance company (NBFC) last year, and did not pay the last three EMIs. The EMI was Rs 6,945. He said some unknown person called him on May 18 stating that he was from the NBFC. He promised that his loan would be closed after he paid Rs.13, 890 as two EMIs and Rs 2,362 as interest.
The accused provided an account number, following which the complainant transferred the amount in separate transactions. The accused then called the complainant and told him to deposit Rs 16,262, which would be refunded. However, the accused did not return the money, nor did he answered his phone. Rakesh submitted a complaint at the SSP public window.
Also read: Cheating 420 Ipc as an Offence in India
- Section 420 in the Indian Penal Code
- Cheating and dishonestly inducing delivery of property.—Whoever cheats and thereby dishonestly induces the person deceived to deliver any property to any person, or to make, alter or destroy the whole or any part of a valuable security, or anything which is signed or sealed, and which is capable of being converted into a valuable security, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
- Section 419 in the Indian Penal Code
- Punishment for cheating by personation.—whoever cheats by personation shall be punished with imprisonment of either description for a term which may extend to three years, or with fine, or with both.
- Section 120 A in the Indian penal code
When two or more persons agree to do, or cause to be done,
- an illegal act, or
- an act which is not illegal by illegal means, such an agreement is designated a criminal conspiracy:
Provided that no agreement except an agreement to commit an offence shall amount to a criminal conspiracy unless some act besides the agreement is done by one or more parties to such agreement in pursuance thereof.
- Section 120B in The Indian Penal Code 120B. Punishment of —
- Whoever is a party to a criminal conspiracy to commit an offence punishable with death, 2[imprisonment for life] or rigorous imprisonment for a term of two years or upwards, shall, where no express provision is made in this Code for the punishment of such a conspiracy, be punished in the same manner as if he had abetted such offence.
- Whoever is a party to a criminal conspiracy other than a criminal conspiracy to commit an offence punishable as aforesaid shall be punished with imprisonment of either description for a term not exceeding six months, or with fine or with both.
A person who is unable to pay loan EMI must be in financial problems and because of that he was unable to repay and then there are some people who never lose a chance to gain advantage from people who are in difficulty and here in the case who is already so much difficulty looses 32500 by means of cheating which is not at all morally acceptable, strict action needed to be taken as soon as possible and Rakesh should get refunded of the loss he suffered as soon as possible.
As for now, Rakesh has submitted a complaint at the SSP public window. Police registered a case under Sections 419 (punishment for cheating by personation), 420 (cheating) and 120 B (criminal conspiracy) of the Indian Penal Code.
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This post is written by Bharti Verma. More on 99888-17966.