Accused allegedly cheated victims in Daman, Silvassa and Gujarat by promising loans; four-day police remand secured
Daman, October 13, 2026: Daman Police have arrested a 26-year-old man from Navi Mumbai, Maharashtra, in connection with an alleged loan fraud case involving two victims and a suspected financial loss of ₹2,18,716. During interrogation, the accused allegedly revealed his involvement in similar transactions targeting several people in Daman, Morai in Gujarat, and Silvassa. The total amount linked to the case and other suspected transactions is estimated at approximately ₹7,53,797, police said.
The accused, identified as Semson Singh, alias Shubham Manoj Singh, was arrested following a technical surveillance-based investigation. Police have obtained four days of police custody remand for further investigation.
Loan Promise Allegedly Used to Cheat Victim
According to the complaint received on September 15, 2026, complainant Brijesh Maurya alleged that the accused approached him with an offer to arrange a loan of ₹1.50 lakh. Initially, a loan of ₹41,269 was arranged through a private loan application.
When Maurya questioned why he had received only ₹41,269 instead of the requested amount, the accused allegedly persuaded him to transfer the sanctioned loan amount on the pretext of arranging a fresh loan of ₹1.50 lakh. The accused allegedly disappeared thereafter.
Friend’s Finance Card Allegedly Misused
In a separate alleged transaction, the accused reportedly misused the Bajaj Finance Card details of Maurya’s friend, Lavkush Ramshiya Patel, under the pretext of helping him withdraw his pending Provident Fund (PF) amount.
According to the police complaint, two mobile phones worth ₹98,904 and ₹78,543 were allegedly purchased using the card details. The total alleged financial loss to the two complainants was ₹2,18,716.
Following the complaint, Dabhel Police Station registered FIR No. 18/2026 under Sections 318(4), 319(2) and 61(2) of the Bharatiya Nyaya Sanhita, 2023.
Technical Surveillance Leads Police to Navi Mumbai
During the investigation, technical surveillance helped police trace the accused to Navi Mumbai, Maharashtra.
Acting under the directions of the Superintendent of Police, Daman, and the SDPO, Daman, and under the supervision of the Station House Officer of Dabhel Police Station, a police team apprehended the accused.
The team included Investigating Officer Head Constable Jayprakash Yadav, Police Constable Ravi Gupta of Dabhel Police Station, and Police Constable Kenil Pandya of the TAC Cell, Daman.
The accused was brought to Dabhel Police Station and subsequently arrested in connection with the case. A court granted four days of police custody remand, police said.
Suspected Fraud Network Spanning Multiple Locations
During interrogation, the accused allegedly disclosed his involvement in similar frauds involving several individuals in Daman, Morai in Gujarat, and Silvassa in the Union Territory of Dadra and Nagar Haveli and Daman and Diu.
Based on the amounts disclosed by the accused, the total suspected amount involved in the present case and other transactions is approximately ₹7,53,797.
Police clarified that the additional transactions are still being verified. Further investigation is underway to establish the alleged money trail, identify other possible victims, verify the transactions, and determine whether any other individuals were involved.
Police Issue Public Advisory Against Loan Fraud
Daman Police have urged citizens to remain vigilant against fraudsters who promise to arrange loans or provide financial assistance.
The police have advised the public to obtain loans only through verified banks and authorised financial institutions. Citizens should not share sensitive personal, banking or financial information, including One-Time Passwords (OTPs) and card credentials, with unknown persons.
People have also been urged to report suspected financial fraud to the police without delay.
