Facebook post promises instant loans within 2 hours, Mumbai man loses Rs 90,000

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A Mumbai man lost around Rs 90,000 after he came across a Facebook post promising instant loans within 2 hours..

A 56-year-old man from Navi Mumbai was allegedly duped of Rs 90,000 by online fraudsters on the pretext of providing him with an instant loan..

According to a report in PTI, the man applied for a loan online with the finance company mentioned in the post on November 8..

The caller offered the man a loan and asked him to pay various charges, including insurance charges, GST, NOC charges, RBI charges, and two advance instalments..

Believing the offer to be legitimate, the man paid the charges upfront, but he never received the loan amount..