A Gurugram-based garment company owner reported a loss of Rs 2.45 crore in a loan fraud case from 2023. The owner was seeking a Rs 40 crore loan and was allegedly defrauded by individuals posing as financiers. After providing documents and meeting in Hyderabad, the victim transferred advance interest payments totaling Rs 4.70 crore. The fraudsters reportedly transferred a smaller amount back to the victim before absconding. One suspect has been arrested in Hyderabad.