Bank fraud case: HDFC Bank duped of Rs 1.4 cr by opening priority accounts, 3 arrested
3 years, 4 months ago

Bank fraud case: HDFC Bank duped of Rs 1.4 cr by opening priority accounts, 3 arrested

India TV News  

Delhi Police Crime Branch on Friday arrested three persons, including a woman, for allegedly duping HDFC bank of Rs 1.4 crore. The gang of cheats had allegedly duped the Bank by opening priority accounts in several banks to avail of premier banking services using fake documents. Using these numerous high-value accounts, the gang members used to purchase costly items on EMI and later went missing, police said in a statement. Police said that the modus operandi employed by the gang members was that they opened accounts on fake IDs in Capital Finance Bank and Bandhan Bank and kept a large balance in these accounts and later on give the High-value cheques of these banks to open the account in HDFC banks, due to which their accounts qualified for premier banking services and were eligible for higher loans and platinum credit cards.

Bank Hdfc Bank Emi Hdfc Accounts Priority Accounts Opening Priority  gang  credit  arrested  duped  used  case  accounts  bank  services  banks  hdfc  cr  rs  singh  opening  priority  fraud

History of this topic

Read how HDFC Bank employee stole Rs 3 crore from customer
2 weeks, 4 days ago

Read how HDFC Bank employee stole Rs 3 crore from customer

Op India  

A bank is usually regarded as the safest place to store one’s money and assets. The case serves as a stark reminder not to put full faith in anyone, even bank employees as Kothari had earned Kapuria’s trust and took blank signed cheques from her, assuring that the money would be invested in mutual funds, gold bonds, new fund offers, …

Woman scammed of 26.33 lakh by ‘CJI Chandrachud’ in ‘digi-arrest’ case
Trending News
3 weeks, 3 days ago

Woman scammed of 26.33 lakh by ‘CJI Chandrachud’ in ‘digi-arrest’ case

Hindustan Times  

MUMBAI: A 33-year-old resident of Chandivali, Powai, has been defrauded of ₹26.33 lakh by cyber fraudsters who brought the full weight of the ‘law’ to bear upon her, pressuring her into parting with her savings and investments. Woman scammed of 26.33 lakh by ‘CJI Chandrachud’ in ‘digi-arrest’ case The Cyber Police said things began to unravel for the victim on …

Maharashtra news: Senior citizen from Thane duped of ₹3.57 crore. Here’s what happened
3 weeks, 5 days ago

Maharashtra news: Senior citizen from Thane duped of ₹3.57 crore. Here’s what happened

Live Mint  

In a shocking incident, a 74-year-old retired bank worker in Maharashtra's Thane was duped of ₹3.57 crore. The imposter threatened the victim and made him transfer a sum of ₹3.57 crore into different bank accounts, the official from Central police station said, as quoted by PTI. Digital arrest fraud in Mumbai In another such incident, a 77-year-old woman from Mumbai …

Cyber police arrest Nagpada resident in ₹11 crore online trading fraud
3 weeks, 6 days ago

Cyber police arrest Nagpada resident in ₹11 crore online trading fraud

Hindustan Times  

MUMBAI: The South Cyber police on Wednesday arrested a 31-year-old Nagpada resident in connection with the online share trading fraud in which a 75-year-old Colaba resident recently lost ₹11 crore. Cyber police arrest Nagpada resident in ₹ 11 crore online trading fraud The arrested accused was identified as Kaif Ibrahim Mansuri, who used to work as a customer relationship executive …

Man Held for Swindling Over ₹2.79 Cr in Chit Fund Scam
4 weeks ago

Man Held for Swindling Over ₹2.79 Cr in Chit Fund Scam

Deccan Chronicle  

Hyderabad:The Cyberabad economic offences wing police arrested Appampally Surya Pratap Reddy of Chandanagar for allegedly swindling one Nasar khan of over `2.79 crore in a chit fund scam. Man Steals From Relative’s Shop Hyderabad:The Mangalhat crime team police arrested two persons for a theft of `17.50 lakh worth kitchen hardware. Cops Arrest Duo With 18kg Ganja Hyderabad: The Government Railway …

Five held for duping minister’s accountant of ₹2 crore in cyber scam
1 month ago

Five held for duping minister’s accountant of ₹2 crore in cyber scam

Hindustan Times  

In a major breakthrough, the cops at Cyber Police Station on Sunday arrested five cyber criminals who had defrauded over ₹2 crore from the accountant of cabinet minister Nand Gopal Gupta Nandi. Following investigations, a team of cyber cops under inspector Rajeev Tiwari arrested five fraudsters from Bareilly, Dehradun and other districts. Posing as Nandi’s son, the cyber criminals instructed …

Jobless man caught for providing bank accounts to cyber frauds
1 month ago

Jobless man caught for providing bank accounts to cyber frauds

Hindustan Times  

MUMBAI: An alert bank manager helped the Kurla police to catch a man who was providing bank accounts to various cybercrime gangs. The police said the accused had opened around 35 bank accounts in the Kurla West branch of Punjab National Bank and had got issued visa debit cards for every account to enable the frauds to withdraw money from …

Cops nab 3 suspects of bank robberies in Ferozepur
1 month ago

Cops nab 3 suspects of bank robberies in Ferozepur

Hindustan Times  

Police on Thursday arrested three persons for their alleged involvement in a series of bank robberies at Zira in Ferozepur district. Saumya Mishra, senior superintendent of police, has identified the apprehended suspects as Jaspreet Singh alias Jas Gill, Gurvinder Singh alias Nikka, and Raqbir Singh alias Raju. “Stolen items, including six laptops, a 12-bore gun, six live cartridges, a motorcycle, …

Gang involved in opening bank accounts with fake IDs busted in Bhopal, 7 arrested
1 month, 1 week ago

Gang involved in opening bank accounts with fake IDs busted in Bhopal, 7 arrested

India Today  

Bhopal Police has busted an interstate gang involved in the creation and distribution of fake Aadhaar cards, PAN cards, bank accounts, and SIM cards across the country, primarily to facilitate fraud, officials said on Saturday. The accused were identified as Shashikant Kumar alias Manish, Sapna alias Sadhna, Ankit Kumar Sahu alias Sunil, Kaushal Mali alias Pankaj, Roshan Kumar, Ranjan Kumar …

Gang involved in opening bank accounts with fake IDs busted in Bhopal, 7 arrested
1 month, 1 week ago

Gang involved in opening bank accounts with fake IDs busted in Bhopal, 7 arrested

India Today  

Bhopal Police has busted an interstate gang involved in the creation and distribution of fake Aadhaar cards, PAN cards, bank accounts, and SIM cards across the country, primarily to facilitate fraud, officials said on Saturday. The accused were identified as Shashikant Kumar alias Manish, Sapna alias Sadhna, Ankit Kumar Sahu alias Sunil, Kaushal Mali alias Pankaj, Roshan Kumar, Ranjan Kumar …

Supreme Court Quashes FIR Against HDFC Bank & Officials for Violating Income Tax Dept Order
Trending News
2 months ago

Supreme Court Quashes FIR Against HDFC Bank & Officials for Violating Income Tax Dept Order

Live Law  

The Supreme Court today quashed a criminal case registered against HDFC Bank Ltd. for violating the notice issued by the Income Tax Department to stop the operation of bank accounts, fixed deposits, and lockers of an income tax assessee. The court found that the FIR did not disclose the commission of any offence and made out a case against the …

Supreme Court Quashes FIR Against HDFC Bank & Officials for Violating Income Tax Dept Order
Trending News
2 months ago

Supreme Court Quashes FIR Against HDFC Bank & Officials for Violating Income Tax Dept Order

Live Law  

The Supreme Court today quashed a criminal case registered against HDFC Bank Ltd. for violating the notice issued by the Income Tax Department to stop the operation of bank accounts, fixed deposits, and lockers of an income tax assessee. The court found that the FIR did not disclose the commission of any offence and made out a case against the …

Cyber Criminals Target Army Officer, Siphon ₹2 Crore in 'Digital Arrest'
2 months, 1 week ago

Cyber Criminals Target Army Officer, Siphon ₹2 Crore in 'Digital Arrest'

Hindustan Times  

Three men have been arrested for duping an army officer of ₹2 crore through a digital arrest. The suspects, including a retired Major General, used bank accounts of students from other states to transfer the money. The army officer was kept under digital arrest for five days before being released and realizing that his money had been siphoned off. The …

Hyderabad victim loses Rs 10.61 crore in digital arrest scam; Two held in Bengaluru
2 months, 2 weeks ago

Hyderabad victim loses Rs 10.61 crore in digital arrest scam; Two held in Bengaluru

New Indian Express  

HYDERABAD: Two youngsters were apprehended by the Telangana Cyber Security Bureau in Bengaluru for their alleged involvement in a digital arrest scam that cheated a victim of Rs 10.61 crore. The accused, identified as Vinay Kumar S Khadke and Maruthi GH, are being brought to Hyderabad for further investigation, the police said. The victim was made to transfer Rs 4.62 …

Juhu resident arrested for duping Navy official of ₹23L in fraud stock market scheme
3 months ago

Juhu resident arrested for duping Navy official of ₹23L in fraud stock market scheme

Hindustan Times  

Mumbai: A 32-year-old Juhu resident was arrested in connection with a case in which a Navy official was allegedly duped of ₹23 lakh in cyber fraud after he was lured to invest in the share market through a fraudulent app. HT Image The South Cyber police officials said the accused, identified as Maman Munshi, convinced people to invest money via …

Two held for defrauding Noida authority of ₹3.9 cr in 2023 FD scam
3 months, 1 week ago

Two held for defrauding Noida authority of ₹3.9 cr in 2023 FD scam

Hindustan Times  

The Noida Police have arrested two people, including the mastermind, for allegedly defrauding the Noida authority of ₹3.9 crore in 2023 during a fixed deposit scam, officers said on Saturday. On June 30, 2023, posing as an accounts officer from the Noida authority’s finance department, a conman allegedly transferred ₹3.90 crore from the authority’s bank account to various other accounts, …

Enforcement Directorate arrests four more accused linked to cyber fraud syndicate involving “Chinese scammers”
3 months, 1 week ago

Enforcement Directorate arrests four more accused linked to cyber fraud syndicate involving “Chinese scammers”

The Hindu  

The Enforcement Directorate has arrested four accused in a case related to cyber fraud of ₹2.60 crore by a person posing as a Central Bureau of Investigation official, who was part of a network involving “Chinese scammers”. “All the four accused were involved in incorporation of shell companies and opening of bank accounts, through which Proceeds of Crime generated from …

4 arrested for committing fraud of ₹31.55 lakh in Delhi
4 months, 2 weeks ago

4 arrested for committing fraud of ₹31.55 lakh in Delhi

Hindustan Times  

New Delhi, The Delhi Police has arrested four men for allegedly duping a person of ₹31.55 lakh by threatening him, officials said on Sunday. "During the investigation the details of bank accounts in which the cheated money was transferred were obtained, which revealed that current bank accounts were opened in different cities in different names," said the police officer. The …

Four booked for duping over 200 people for a job in London
5 months, 1 week ago

Four booked for duping over 200 people for a job in London

Hindustan Times  

Pimpri-Chinchwad police booked four individuals for duping people to the tune of ₹16.14 lakh to get a job, permanent visa and residence in London. The accused Kiritkumar Kanahiyalal Patel, his wife Kajal Pragada, his second wife Shilpaben Patel and his accountant Gajanan Bhaskar Deshpande from Ashti were booked by Chikhali police on Saturday. Police said Shinde and many others in …

180 bank accounts under scanner, staff arrested
5 months, 2 weeks ago

180 bank accounts under scanner, staff arrested

Hindustan Times  

At least 180 bank accounts, most of them corporate, are under scrutiny following the arrest of Rahul Kumar, a deputy manager at the State Bank of India, for his alleged involvement in a cyber fraud scheme, police said on Monday. Police reported that ₹ 3.32 crore was transacted from this account between May and June, with the funds originating from …

Six cyber cons selling ‘bank accounts’ in police net in Delhi
5 months, 2 weeks ago

Six cyber cons selling ‘bank accounts’ in police net in Delhi

New Indian Express  

NEW DELHI: Six cyber fraudsters who used to sell their bank accounts on the commission basis and cheat people were arrested by the Delhi Police from Bihar and Jharkhand in a multistate operation, an official said on Sunday. Sharing details, Deputy Commissioner of Police Rohit Meena said that a woman lodged a complaint stating that she had received a call …

35-year-old held for duping Delhi resident on pretext of cheaper e-bikes
5 months, 2 weeks ago

35-year-old held for duping Delhi resident on pretext of cheaper e-bikes

Hindustan Times  

NEW DELHI Police are scanning bank accounts of the accused to ascertain the scale of the scam. A 35-year-old man, a member of a gang that cheats people by posing as managers of a company selling electric scooters, was arrested by the police for allegedly cheating a man of over ₹2.5 lakh on the guise of providing him vehicles at …

Chandigarh: Revealing customer’s account info to 3rd party costs private bank dear
7 months, 1 week ago

Chandigarh: Revealing customer’s account info to 3rd party costs private bank dear

Hindustan Times  

Terming the bank’s behaviour “extremely negligent”, District Consumer Disputes Redressal Commission, Chandigarh, penalised a private bank for issuing an account statement of a Panchkula resident to a third party without an authorisation letter. Complainant Pardeep Kumar Jain, of Panchkula, filed a complaint against HDFC Bank’s regional corporate office, Chandigarh, through its regional head and its branch in Sector 17. He …

Two from Kerala held for providing bank accounts to facilitate cyber fraud
8 months, 1 week ago

Two from Kerala held for providing bank accounts to facilitate cyber fraud

The Hindu  

Two men from Kasaragod in Kerala were arrested by the Hyderabad Cyber Crime Police for providing bank accounts to fraudsters to run an The accused, Noushad Ch. In 2021, Noushad and Ahammed met Issac and Tahir Ali who were also residents of Kerala and obtained their help. “They created fake bank accounts using forged KYCs. Noushad transferred the defrauded money …

Karaikal police arrest bank employee for cheating a woman
9 months ago

Karaikal police arrest bank employee for cheating a woman

The Hindu  

An employee of a private bank was arrested on Friday for an alleged cyber crime fraud in which a 56-year-old woman was tricked and lost ₹15.75 lakh. On investigation, the police found that Ms. Rajarajeswari had frequently given her mobile phone to Dakshinamurthy, an employee of another bank and a tenant in her house, and asked him to check the …

Premature Closing Of Bank Account, Gurdaspur District Commission Directs HDFC Bank To Reactivate Account And Pay Compensation
11 months, 1 week ago

Premature Closing Of Bank Account, Gurdaspur District Commission Directs HDFC Bank To Reactivate Account And Pay Compensation

Live Law  

The District Consumer Disputes Redressal Commission, Gurdaspur bench comprising of Lalit Mohan Dogra and Bhagwan Singh Matharu held HDFC Bank liable for deficiency in service for closing the Complainant's bank account based on non-submission of Aadhar Card. Observations by the Commission: The District Commission held that the Bank closed the Bank account without prior notice. Considering the mandatory requirement of …

Chandigarh: Charges framed against nine accused
1 year, 2 months ago

Chandigarh: Charges framed against nine accused

Hindustan Times  

The special court of CBI has farmed charges against nine accused in a 2019 bank fraud case, wherein a bank was cheated of ₹3.7 crores. The case was registered by CBI on the basis of a written complaint in September 2019 by Jagannadan Ganesan, chief regional manager of Indian Overseas Bank, Regional Office, Chandigarh. It case was registered against accused …

Three held for duping a retired government official of ₹2.54 crore in Noida
1 year, 3 months ago

Three held for duping a retired government official of ₹2.54 crore in Noida

Hindustan Times  

The Gautam Budh Nagar cybercrime police arrested three people on Tuesday for allegedly duping a retired government officer in Noida of ₹2.54 crore on the pretext of online trading, police said on Wednesday. According to police, the complainant, Anil Sharma, is a retired central government officialwho was lured into a trading website. According to police, the complainant, Anil Sharma, is …

₹5.2 cr siphoned off by six at Panchkula regional transport authority
1 year, 3 months ago

₹5.2 cr siphoned off by six at Panchkula regional transport authority

Hindustan Times  

In less than 13 days of arresting two employees of the Panchkula Regional Transport Authority for embezzlement of ₹65 lakh, police have lodged another FIR against the same employees, along with four others, after an inquiry revealed that the financial misappropriation ran into a whopping ₹5.24 crore. {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} {{/userSubscribed}} For embezzling RTA funds from 2020 to 2023, police …

ED arrests man in Pune co-op bank fraud case worth Rs 430 Cr
1 year, 6 months ago

ED arrests man in Pune co-op bank fraud case worth Rs 430 Cr

India Today  

The Enforcement Directorate arrested one Sagar Maruti Suryawanshi, in the Pune-based Seva Vikas Co-operative Bank fraud case. The co-op bank suffered a loss of nearly Rs 430 crore, as its Directors and Chairman are responsible for giving out fraudulent loans which later turned into NPA. Subsequently, an audit of the bank, found gross fraud and misappropriation of Rs 429.6 Crore …

Delhi Police arrests ex-employee of fintech firm, 2 others for duping ICICI Bank customers
1 year, 8 months ago

Delhi Police arrests ex-employee of fintech firm, 2 others for duping ICICI Bank customers

India Today  

Three fraudsters, including a former employee of Paisabazaar, were arrested by the Delhi Police on Thursday, for duping ICICI Bank customers. On April 13, a raid was conducted in Delhi’s Patel Nagar, and a team apprehended accused Vivek Bind, 23, who was said to be a resident of Uttar Pradesh’s Varanasi. He further claimed, at Paisabazaar, he obtained data of …

Calcutta High Court Quashes Robbery Case Against HDFC Bank For Taking Repossession Of Loan Defaulter's Vehicle
1 year, 10 months ago

Calcutta High Court Quashes Robbery Case Against HDFC Bank For Taking Repossession Of Loan Defaulter's Vehicle

Live Law  

The Calcutta High Court on Friday quashed the criminal proceedings registered under Section 392 of IPC against HDFC Bank for taking repossession of the vehicle of the borrower by the financer-HDFC. While quashing the criminal proceedings, the single judge bench of Justice Siddhartha Roy Chowdhury held: “The lender or financer took repossession of the vehicle, pursuant to the agreement executed …

Delhi: 3 arrested for duping people by reissuing SIM cards on fake IDs
2 years, 6 months ago

Delhi: 3 arrested for duping people by reissuing SIM cards on fake IDs

India Today  

Delhi Police has arrested three people, including an employee of credit card sales department, for allegedly duping HDFC Bank account holders by reissuing SIM cards linked to their bank accounts using fake IDs. The accused, identified as Sunny Kumar Singh, Kapil and Pavin Ramesh used to sell pre-activated SIM cards of HDFC Bank account holders using fake identification. ACCUSED ARRESTED …

HDFC customers in Chennai turn millionaires for a few hours
2 years, 6 months ago

HDFC customers in Chennai turn millionaires for a few hours

India Today  

HDFC customers were left baffled on Sunday morning after they received a message showing an inflated balance in their bank accounts. — YASH AGARWAL May 29, 2022 Many customers took to Twitter and shared screenshots of the inflated balance People from other states also alerted the bank about their balance shooting up to crores. “Dear @HDFC_Bank last night my account …

Housing Scheme Scam: Three Arrested for Cheating Bank of Rs 6 Crore in Gujarat
2 years, 8 months ago

Housing Scheme Scam: Three Arrested for Cheating Bank of Rs 6 Crore in Gujarat

News 18  

A case of cheating India Home Loan Limited, a housing finance company of Rs 6 crore in the name of a housing scheme, has come to light in Gujarat. The Crime Branch registered a case on Tuesday and the mastermind of this scam, Parbat Rabari, the General Manager of the Housing Finance Corporation Rishabh Yagnik and two others have already …

Delhi Police busts gang of international online fraudsters, 6 arrested
2 years, 9 months ago

Delhi Police busts gang of international online fraudsters, 6 arrested

India Today  

The team of Cyber Central District has busted a notorious gang of international fraudsters who were involved in online cheating on the pretext of collecting customs duties and other charges on gifts and dollars. Further, the money credited in these accounts was transferred to other banks bank accounts and withdrawn through ATMs immediately. The arrested accused are Bablu Singh Yadav,, …

28 call centre workers arrested for duping people with fake loans in Delhi's Budh Vihar
2 years, 11 months ago

28 call centre workers arrested for duping people with fake loans in Delhi's Budh Vihar

India Today  

Delhi Police busted a fake call centre for reportedly duping around 1,000 people in the name of giving loans under the Pradhan Mantri Employment Generation Programme in Budh Vihar area. At least 28 people, including 25 women, were arrested for cheating people using a fake call centre, pocketing huge amounts of money. Police raid building Upon receiving the complaint, police …

12 including 3 HDFC employees arrested for trying to withdraw money from NRI account
3 years, 2 months ago

12 including 3 HDFC employees arrested for trying to withdraw money from NRI account

India TV News  

The Cyber Crime Unit of Delhi Police Special Cell has arrested 2 people, including 3 HDFC Bank employees, for attempting to make unauthorised withdrawals from a very high-value NRI account. Acting on a complaint filed by the HDFC Bank, the Cyber Crime Unit busted the racket involved in unauthorized attempts and hacking through internet banking and attempts of withdrawal using …

HDFC Bank detects suspicious transactions in NRI account, suspends three employees held by police
3 years, 2 months ago

HDFC Bank detects suspicious transactions in NRI account, suspends three employees held by police

Firstpost  

Delhi Police Cyber Cell arrested 12 people, including three HDFC bank employees, for attempting to make unauthorised withdrawals from a high-value NRI account New Delhi: HDFC Bank has suspended the employees who were arrested by the Delhi Police for alleged involvement in attempts of unauthorised withdrawal from high-value NRI account. Basis the system alerts, we reported the matter to law …

3 bank officials held for duping former Religare promoter’s wife
3 years, 4 months ago

3 bank officials held for duping former Religare promoter’s wife

Hindustan Times  

Delhi police on Thursday said they have arrested three bank officials for allegedly conniving with a jailed inmate and two jail officers to dupe the wife of Shivinder Singh, the former promoter of Religare Enterprises who is currently in jail. RK Singh said police had registered a case in June last year after Aditi complained that some people had posed …

MP Police bust gang duping public to invest in shell companies
3 years, 5 months ago

MP Police bust gang duping public to invest in shell companies

Hindustan Times  

Madhya Pradesh police cybercrime cell arrested four people for running a racket involved in duping people to invest in shell companies and sending money to Pakistan through crypto currency, said a police officer. The accused carried out transactions worth ₹50 crore, said Yogesh Chaudhary, additional director general of police. They would then convert the money into cryptocurrency with the help …

Take steps to trace gangs duping people on pretext of loans, lucky draws: HC
3 years, 5 months ago

Take steps to trace gangs duping people on pretext of loans, lucky draws: HC

Hindustan Times  

PRAYAGRAJ Taking a strong note of suicide of a man who was duped on the pretext of a loan offer, the Allahabad high court directed the UP DGP to take immediate steps to trace out the “widespread racket of hardened criminals,” who are cheating innocent citizens with loan offers, lucky draws and rewards related to TV shows. Justice JJ Munir …

Opinion | Beware of banking cyber frauds
3 years, 5 months ago

Opinion | Beware of banking cyber frauds

India TV News  

Today I want to caution all of you about cyber fraud gangs who are stealing money from bank accounts by posing as bank executives. He used to get the fake bank accounts from Afzal, Ghulam Mustafa and Sanju Debnath, to which swindled money was transferred. The gang members used to persuade tribals living in Jamtara, Asansol and nearby areas to …

Gang which carried out cyber frauds worth ₹20 crore busted, 8 arrested
3 years, 6 months ago

Gang which carried out cyber frauds worth ₹20 crore busted, 8 arrested

Hindustan Times  

Police in Madhya Pradesh’s Balaghat claim they have busted an inter-state gang and arrested eight persons from three states-Madhya Pradesh, Andhra Pradesh and Jharkhand-for alleged cyber frauds involving around ₹20 crore. Representative Image “The incidents of frauds were spread across 18 states and involved purchase of expensive mobile phones from online shopping websites, as well as fraudulent withdrawal of money …

579 arrested in Deoghar for involvement in cyber crime
3 years, 6 months ago

579 arrested in Deoghar for involvement in cyber crime

Hindustan Times  

As many as 579 people were arrested in Jharkhand's Deoghar district between September 14, 2020 and May 28, 2021 for their alleged involvement in cyber crime and ₹28.26 lakh were recovered from them in addition to a large number of mobile phones and sim cards, police said Saturday. Representational: The SP said one Sarafat Ansari, 20, was arrested in connection …

ED arrests two in PMC Bank fraud case
3 years, 11 months ago

ED arrests two in PMC Bank fraud case

The Hindu  

The Enforcement Directorate has arrested two people following raids on the premises of a firm promoted by a Maharashtra MLA for alleged “illegal diversion of bank funds” in the Rs 4,300-crore PMC Bank fraud and money laundering case, official sources said on Saturday. On Friday, the agency searched five residential and business premises linked to the Viva Group, promoted by …

Half-Hearted Approach By CBI Towards Investigating Bank Officials: Special CBI Court Ghaziabad Orders Further Investigation
4 years, 1 month ago

Half-Hearted Approach By CBI Towards Investigating Bank Officials: Special CBI Court Ghaziabad Orders Further Investigation

Live Law  

A Delhi Court on Monday pulled up the Central Bureau of Investigation for conducting a 'half-hearted' investigation against the officers of the Punjab National Bank, Ghaziabad, allegedly involved in cheating the Bank by sanctioning housing loans without proper verification of the allottees. It is difficult to believe that the accused would have been able to commit the alleged fraud without …

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