Karnataka engineer loses ₹4.37 lakh in loan app scam: 5 lessons for borrowers to stay safe

📅 Published: December 18, 2025 | 📂 Category: Uncategorized

A loan application scam resulted in an automobile engineer losing ₹4.37 lakh, highlighting the risks of digital lending and outlining key precautions the borrowers should take to avoid fraud, harassment, and financial loss.

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