Gurugram, Sept. 7 -- A 32-year-old man was arrested from the city on Friday for his alleged involvement in Rs.11.25 crore loan fraud with a non-banking financial firm (NBFC) and hundreds of its customers that had borrowed money from it, police said on Saturday. The suspect was identified as Satish Chandra, an MBA graduate from Prayagraj, who worked as a general manager at a private firm. The suspect, along with others, allegedly collected advance EMIs and lured customers with discounted pre-closure offers. The money was diverted to their personal accounts, and forged no-objection certificates were issued on behalf of the NBFC to the customer for loan-closure which was pending as per the records. Police said loans worth Rs.19.4 crore were processed for 588 customers, but only Rs.8.15 crore was passed to the NBFC. Chandra is on two-day remand, and others remain absconding. The cyber crime cell of the Uttarakhand police arrested two more men for duping a retired vice-chancellor of Rohilkhand University of Rs.1.47 crore by keeping her under digital arrest on WhatsApp calls for nearly 12 days, police said. The accused, identified as Mohammad Saif (24), a resident of Lucknow, and Shakeel Ansari (23), a resident of Sahibganj in Jharkhand, were arrested from Karol Bagh in Delhi on Friday evening. A total of nine mobile phones, fourteen SIM cards, three cheque books, seven blank/signed cheques, four debit cards, one stamp of the firm Envisagethreads Private Limited, and one passport were recovered from them. The cyber cell had earlier arrested Rajendra Kumar, originally from Yamuna Nagar in Haryana and currently residing at Baddi in Solan district of Himachal Pradesh, on July 31. Senior superintendent of police (STF) Navneet Singh Bhullar said the victim, 72-year-old Dr Beena Shah, had lodged a complaint last month. "The accused threatened her with legal action. By placing her under 'digital arrest', the accused coerced her into transferring Rs.1.47 crore in instalments to several accounts," he said....