Warangal fraudster who ran loan racket detained under PD Act
Mirza Khader Baig alias Samar Mirza (36) used to call reputed companies through telecallers and other staff working in his companies under the guise of providing loans to develop business and cheat them by collecting huge sums from them.
By Newsmeter Network Published on 16 Nov 2021 12:30 PM GMT
Hyderabad: The Cyberabad police commissioner invoked the Preventive Detention Act against a habitual fraudster on Tuesday and detained him in Cherlapalli central prison.
Mirza Khader Baig alias Samar Mirza (36) used to call reputed companies through telecallers and other staff working in his companies under the guise of providing loans to develop business and cheat them by collecting huge sums from them.
A resident of Hanamkonda in Warangal, Mirza was involved in 24 cheating offences in Cyberabad, Hyderabad, and Warangal in Telangana and Mumbai, Maharashtra. He has been involved in such crimes for the past 11 years. He was arrested and lodged in jail several times since 2010 and detained under PD Act in 2015.
He had cheated many companies and individuals by collecting more than Rs. 5 crore from them within a span of two years in the Cyberabad limits alone. His activities had created panic among entrepreneurs and business people in the area.
Mirza was arrested by the Gachibowli police on 6 April this year and sent to jail. On Tuesday, he was detained under the PD Act.
