My friend has taken a loan my name and he is threatening me to pay its EMI otherwise he told my details to the bank and initiate legal proceedings against me. I am astounded to hear this, I am an innocent person. He has used my name, pan detail, Aadhar number and my mobile number. That loan is sanctioned by a local company on the phone. All verifications have been done without my knowledge.
Your friend's actions are illegal and fraudulent. He has taken a loan in your name without your consent and has used your personal details to do so. This is identity theft, which is a serious crime.
You should immediately inform the local company that sanctioned the loan about the situation and let them know that you did not authorize the loan. You should also inform the bank that your friend has threatened you and is trying to coerce you into paying the loan. Make sure to provide them with any evidence you have, such as messages or emails from your friend.
You should also file a complaint with the police about your friend's actions. Provide them with all the evidence you have, including any messages or emails from your friend, as well as the loan documents and any other relevant information.
It is important to take action as soon as possible to protect yourself and prevent any further fraudulent activity from occurring.
