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....