Tuesday, February 7, 2023

loan fraud

ED chargesheets private firms, businessman in multi-crore loan fraud

The Enforcement Directorate (ED) on Wednesday said that it has filed a charge sheet against Polepalli Venkat Prasad, PBR Poultry Tech and others in connection with a Prevention of Money Laundering (PMLA) case related to multi-crore bank fraud. The charge...

ED charge sheets bizmen, bank officials in loan fraud

The Enforcement Directorate (ED) on Saturday said that they have filed prosecution complaint (Charge sheet) under the provisions of the Prevention of Money Laundering Act, (PMLA) against Luxmi Auto Industries and its partners Satish Kumar Gupta and Parminder Singh,...

Accused in bank loan fraud case held by CBI after 10 yrs

The Central Bureau of Investigation (CBI) on Sunday said that they have arrested an absconding accused in connection with a bank fraud of Rs 20.68 crore, on his arrival from Nairobi, Kenya. Accused Sanjay R. Gupta, the director of Nova...

Rs.23,000 cr loan fraud: CBI issues lookout circulars against ABG Shipyard bosses

Lookout circulars have been issued against the bosses and senior executives of ABG Shipyard in a Rs.23,000 crore alleged bank fraud case. A lookout circular is used to stop any person wanted by the law enforcement authorities from leaving...