Abstract:We show that a modification of the model with a low energy scalar leptoquark state carrying hypercharge Y = 7/6 allows to accommodate both R K < 1 and R K * < 1, through loop effects, consistent with recent observations made at LHCb. We describe details of the model, compute the relevant Wilson coefficient and, after discussing a number of constraints, we examine the phenomenological consequences of the model. The bounds on the lepton flavor violating decay rates, induced by this model, include B(Z → µτ ) O(10 −7 ), and B(B → Kµτ ) O(10 −9 ). We also comment on the interpretation of the bounds on the leptoquark mass obtained from the direct searches at LHC.