The Thiruvananthapuram City police have brought one of the alleged masterminds behind the fake loan application scam to the State as part of an expanding investigation into a cyber fraud network that primarily targeted foreign nationals.The accused, Rana Maheshbhai Parth, was apprehended in Ahmedabad two days ago and flown to Thiruvananthapuram, where he was taken to the office of the Assistant Commissioner of Police, Kazhakuttam, for detailed questioning.Investigators suspect the accused was was responsible for overseeing the operations of the organised cybercrime syndicate in Kerala, which allegedly used fraudulent loan applications and call centre-style operations to deceive victims, mostly American citizens.The case came to light after the City police uncovered a large-scale fake loan app racket operating near Sreekaryam. The syndicate functioned from an establishment that appeared to be a legitimate technology company, while secretly running a sophisticated cyber fraud operation.The group purportedly contacted victims overseas through digital platforms and convinced them to download fake loan applications or share sensitive financial information before extracting money through fabricated charges and false promises of loan approval, sources said.The police have recorded the arrests of ten suspects, while nearly 20 people were taken into custody in connection with the case. Lookout notices have been issued for two others, one of whom have been identified as Akashdeep Choudary, who is suspected to have controlled the racket. Published - July 30, 2026 08:39 pm IST
Alleged mastermind in fake loan app scam brought to Kerala
The Thiruvananthapuram City police have brought one of the alleged masterminds behind the fake loan application scam to the State as part of an expanding investigation into a cyber fraud network that primarily targeted foreign nationals.








