Five Including 2 Bank Officials Held for Rs 2.91 Crore Gold Loan Fraud in Telangana
4 years, 2 months ago

Five Including 2 Bank Officials Held for Rs 2.91 Crore Gold Loan Fraud in Telangana

News 18  

Five including an assistant manager and a former manager of the Union Bank of India were arrested by Telangana Police for cheating the bank of Rs 2.91 crore by certifying imitation gold as genuine. According to the Rachakonda police, Talloju Sai alias Sainath was working as a gold appraiser at the bank’s Thukkuguda Branch in Hyderabad. Sai wanted to make easy money by getting loans from the bank and gave fake gold to his friends and relatives asking them to come to the bank for loans, the police said. Sainath was also working as a Gold Appraiser in Telangana Grameena Vikas Bank from where he had taken a loan of Rs 54.06 lakh.

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History of this topic

Police informer arrested for misleading cops after robbery
1 week ago

Police informer arrested for misleading cops after robbery

Hindustan Times  

MUMBAI: The Bhayander police on Sunday arrested a police informer for allegedly robbing gold worth ₹25 lakh from a jeweller last month. Police informer arrested for misleading cops after robbery The two accused have been identified as Ramanand Jadhav, 40, and his associate Sunil Ninba Patil, 35. According to deputy commissioner of police Prakash Gaikwad, the incident took place last …

Telangana: Mendicant Killed in Hit-and-Run Accident Near Aramghar
5 months ago

Telangana: Mendicant Killed in Hit-and-Run Accident Near Aramghar

Deccan Chronicle  

Hyderabad: A mendicant was killed in a hit-and-run accident near Aramghar, here on Saturday morning, Rajendranagar inspector K. Kastro said. Four Arrested for Circulating Fake Currency in Hyderabad Hyderabad: The Tandur police arrested four persons including a former bank manager for circulating fake Indian currency. The arrested accused were Mandigi Chandraiah, stone dealer; Ichchapuram Jagadish, 42, former bank manager; Baduganti …

Odisha: Fraudster held for duping man of Rs 10L
8 months, 3 weeks ago

Odisha: Fraudster held for duping man of Rs 10L

New Indian Express  

CUTTACK: Mangalabag police on Saturday arrested a person for his alleged involvement in duping a man of Rs 10 lakh by giving him counterfeit notes. Additional DCP Anil Mishra said police began investigation after Manash Barik of Rausapatana lodged a complaint on August 2 last year alleging he was duped of Rs 10 lakh by one Saroj Jena and his …

Fake certificate racket busted in Telangana, four arrested
9 months, 2 weeks ago

Fake certificate racket busted in Telangana, four arrested

India TV News  

A fake certificate racket was busted in Telangana and four persons arrested in this connection, the Jagtial police said on Saturday. According to Jagtial Superintendent of Police Sunpreet Singh, Rabi Rai, who is from West Bengal, was involved in the business of preparing fake certificates of various institutions. His involvement came to light when Bathinoju Rajitha of Karimnagar got in …

Second accused arrested in SBI’s ₹3 crore gold theft
9 months, 2 weeks ago

Second accused arrested in SBI’s ₹3 crore gold theft

Hindustan Times  

Mumbai: The police on Saturday arrested a 48-year-old man for his alleged role in a case where the bank manager siphoned off 4 kg of gold jewellery worth ₹3 crore from a bank locker in Bhandup. On Friday, the police arrested Manoj Mhaske, 33, service manager of State Bank of India for stealing the gold in the bank’s locker. The …

SBI Service Manager arrested for stealing gold worth ₹3 crore
9 months, 3 weeks ago

SBI Service Manager arrested for stealing gold worth ₹3 crore

Hindustan Times  

MUMBAI: A 33-year-old service manager working with the State Bank of India’s personal banking branch in Mulund West has been arrested by the Bhandup police for allegedly siphoning off about 4 kg gold jewellery worth around ₹3 crore from the bank locker. The SBI Personal Banking Branch whose 33-year-old service manager working has been arrested by the Bhandup police for …

Police nab four, recover stolen gold
1 year, 1 month ago

Police nab four, recover stolen gold

Deccan Chronicle  

Vijayawada: Krishna district police have nabbed four accused, who burgled gold ornaments worth ₹3.87 crore from a mortgage company. Krishna district SP Palle Jashua has congratulated police officials and their teams for resolving the gold theft case and nabbing the accused. According to police, a complaint had been lodged on October 16 by officials of Manappuram gold loan company that …

Branch manager, her friend among four held for gold theft in finance co. at Kankipadu
1 year, 1 month ago

Branch manager, her friend among four held for gold theft in finance co. at Kankipadu

The Hindu  

The Krishna district police unravelled the mystery behind the gold theft that occurred in the Manappuram Finance company’s Kankipadu branch, near here, on October 16. They arrested the branch manager Reddy Venkata Pavani, her friend Revu Durga Prasad, his brother K. Naga Babu and house keeping worker M. Prasanthi, all natives of Krishna district, in the case. Superintendent of Police …

Ggm gold loan firm duped of ₹5.50 lakh, 2 suspects booked
1 year, 5 months ago

Ggm gold loan firm duped of ₹5.50 lakh, 2 suspects booked

Hindustan Times  

Gurugram: Police on Saturday booked two suspects, inluciding an employee, for allegedly duping a gold loan company of ₹5.50 lakh after mortgaging a fake gold biscuit. Ggm gold loan firm duped of ₹ 5.50 lakh, 2 suspects booked Kamal Bhola, operations manager of the private firm which was cheated, said the fraud took place at a branch inside a mall …

Three, including two cops, held for stealing gold worth ₹2.5 crore
2 years ago

Three, including two cops, held for stealing gold worth ₹2.5 crore

Hindustan Times  

Mumbai: An employee of a Mangaluru-based gold trader and two Government Railway Police constables have been arrested for allegedly stealing the businessman’s gold worth ₹2.5 crore. According to the police, the Mangaluru-based gold trader had sent Nitin Patil to deliver 4.5 kgs of gold to Zaveri Bazaar for making ornaments. The accused have been identified as Nitin Patil, 28, the …

Burglars in Odisha Steal Gold Ornaments, Melt Them Into Ingots to Mortgage for Loans
4 years ago

Burglars in Odisha Steal Gold Ornaments, Melt Them Into Ingots to Mortgage for Loans

News 18  

Loaning money against gold as collateral is something companies often do. A gold loan providing company got a rude shock after police in Odisha’s Ganjam uncovered a plot where robbers had mortgaged stolen gold to secure loan against them, a report in The Hindu said. Police in Odisha’s Berhampur started probing a series of burglaries that had rocked the city …

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