Frauds under the name INDIAbulls Dhani Finance
RSD-Vemulawada news: Details revealed by Vemulawada ASP Ruthvik Sai IPS at the Vemulawada Rural Circle office. Lucky Kumar, a resident of Bahadurpur village in Bihar, previously lived in Hyderabad running a fast-food center. When his business failed, he returned to Bihar. He then devised a plan to cheat people in the name of online loans. As part of this plan, the accused, along with his associates Anil Naik, Boda Rajitha, and Bharat Raj, created a fake page on Facebook under the name “INDIAbulls Dhani Finance” and advertised that they would provide loans at low interest rates. They collected the phone numbers of those who visited the page, called them, and gained their trust by explaining the loan details. In this process, they collected Aadhaar cards, PAN cards, and other identity documents from the victims, collected money in the name of loan processing fees and other charges, and then cheated them by not sanctioning the loans. The money collected from the victims was converted into cash through various scanner codes and mini ATM centers. As part of this, a person named Pogula Mallesham from Fazul Nagar village received a call after seeing an advertisement on social media for “INDIAbulls Dhani Finance” offering loans at low interest rates. When he opened the link, he received a call on his mobile phone informing him that he would receive a loan of 5 lakhs. As instructed, he sent Rs. 1,18,400 in instalments as processing fees. Later, when he received no information regarding the loan, he realized he had been cheated and filed a complaint with the district cybercrime unit. A case was registered at Vemulawada Rural Police Station, and three individuals who had assisted Lucky Kumar; Anil Naik, Boda Rajitha, and Bharat Raj were arrested and remanded. The main accused, Lucky Kumar, was apprehended in Haryana based on technical evidence by a team formed under the supervision of the Vemulawada Rural CI, comprising Cyber RSI Junaid, Rural SI Venkatrajam, and constables Kittu and Chandu, and was remanded on 10.01.2026. The Vemulawada ASP stated that there are about 30 complaints against the accused on the nationwide NCRP portal. Police warned the public to be vigilant regarding online loans and not to trust suspicious calls, links, or Facebook pages, and not to send personal details or money. Those who have fallen victim to online scams are advised to immediately contact the nearest police station or the cybercrime helpline 1930.
Details of the accused:
1. Lucky Kumar @ Sadanand Kumar, Father: Shankar Sah, Age: 21 years, Occupation: Private Job, Residence: Khijuwa, Bahadurpur, Nawada, Bihar State
