What to do when someone took a loan on my profile hasn't closed it
16-Jun-2023 (In Banking / Finance Law)
Hi, this is Harish Anand, 2 yrs back I was approached by one of the agent of a builder for property loan on my name for a builder. For using my profile buider will share some % of money with me. I was in need of money and had no other option to raise funds so quicky and easily. At the same time 2 yr time was promised to close this loan completely. But now builder is not closing loan on my profile. I have became the victim now. Please suggest how I can get rid of this mess?
hello,
you should immediately file a complaint that you have been a victim of a fraud and criminal breach of trust. the builder does not pay you will be held liable by the bank. if you have tried to talk to him and he hasn't responded then first send a legal notice
regards
you should immediately file a complaint that you have been a victim of a fraud and criminal breach of trust. the builder does not pay you will be held liable by the bank. if you have tried to talk to him and he hasn't responded then first send a legal notice
regards
Do you have any agreement to the effect that the money is being borrowed in your name and being used by the builder? Was there any agreement to the effect that the builder would repay the loan within 24 months and that you would only get a share (%age) of the loan amount? Unless you are able to prove the same through evidence, the case is very weak.
It is also not mentioned whether you have lodged any complaint/FIR against the builder for the alleged fraud.
It is also not mentioned whether you have lodged any complaint/FIR against the builder for the alleged fraud.
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