A Warangal fraudster who ran a loan racket was arrested under the PD Act

HYDERABAD: The Cyberabad Police Commissioner on Tuesday imposed the Preventive Detention Act on a habitual cheater and detained him in Charlapally Central Jail.

Mirza Qader Baig alias Samar Mirza (36) used to call reputed companies through telecallers and other personnel on the pretext of giving loans for business development and collect huge amounts from them.

Mirza, who hails from Hanmakonda in Warangal, committed 24 frauds in Cyberabad, Hyderabad, Warangal and Mumbai in Maharashtra. He has been committing such crimes for the past 11 years. He was arrested many times since 2010 and stayed in jail and was detained under the PD Act in 2015.

He cheated many companies and individuals by collecting more than Rs. 5 crores from them within two years in Cyberabad alone. His activities created panic among businessmen and businessmen in the area.

On April 6 this year, Mirza was arrested by Gachibowli police and sent to jail. He was detained under the PD Act on Tuesday.