Odisha: Man arrested for duping people by promising loans against valuables (opens original article in a new tab)

A man in Odisha was arrested for allegedly defrauding people by taking their valuables as loan collateral and not returning them, with police seizing over 1 crore worth of items.

• Odisha Police arrested K Rabindra Reddy for cheating by taking valuables as loan collateral
• Police seized 137 motorcycles, 127 mobile phones, documents, and Rs 3.61 lakh from Reddy's residence
• Reddy is accused of keeping loan money and refusing to return deposited items, with multiple victims reported