pune the cybercrime cell of the pimpri chinchwad police on sunday arrested a fraudster from chandannagar for running a fake loan racketpolice said the suspect biraju dinkar patil 30 created a fake profile on a social media platform and advertised help securing loans for a commission from a private finance firm this way he preyed on those desperate for financial assistance our probe has revealed that patil had also used documents belonging to his deceased friend and opened a bank account in the latters name he would tell his victims to transfer money to that account senior inspector vivek mugalikar saidmugalikar said a usedcar dealer was looking for a loan to offset his business losses one day while browsing through his social media account he came across the advertisement offering help securing loans the complainant needed a loan of rs8 lakh the suspect told him to transfer rs24000 to that bank account later he told him to transfer rs15000 more mugalikar saidafter repeated followups when the complainant did not get the loan he approached the cybercrime cell during the probe we found that a few more people had been duped in a similar fashion by the suspect mugalikar saidwhen the police checked the bank account to which the money was transferred they found that the accountholder was deceased and that patil was operating the account we handed over patil to the sangvi police for further probe mugalikar saidthe police said they were trying to ascertain the extent of the scam operated by patil