CBI books Delhi’s Sonear Industries in Rs 168 crore bank fraud
NEW DELHI: The Central Bureau of Investigation (CBI) has registered a case against a Delhi-based firm for defrauding Punjab National Bank (PNB) to the tune of Rs 168.73 crore through diversion of funds and fraudulent transactions, the agency said on Monday. The Central probe agency registered an FIR on December 31 based on a complaint […]
CBI books IVRCL in Rs 4,837 crore-bank fraud after extensive searches
NEW DELHI: The Central Bureau or Investigation (CBI) on Wednesday filed a corruption case against debt-laden IVRCL, a listed firm, its managing director Sudhir Reddy and others for an alleged bank fraud of over Rs 4,837 crore, in a consortium led by State Bank of India. The Hyderabad-based firm, which had executed major projects across […]
ED seizes Rs 4.43 crore jewellery of Tamil Nadu firm’s chairman, MD in Rs 1,340 crore bank fraud
NEW DELHI: The Enforcement Directorate (ED) has seized gold and diamond jewellery worth Rs 4.43 crore belonging to the chairman and managing director of a Tamil Nadu based firm in a Rs 1,340 crore bank fraud case by systematically cheating Indian Bank and other banks under a consortium, the agency said on Thursday. The ED […]
CBI books Hyderabad-based firm for over Rs 7,926-crore bank fraud
NEW DELHI: The CBI has booked Hyderabad-based Transstroy (India) Ltd and its directors for alleged bank fraud of over Rs 7,926 crore in a consortium led by Canara Bank, in one of the biggest banking scams in the country, officials said on Friday. The agency carried out searches at the premises of the company and […]
ED attaches assets valued at Rs 91.8 crore in Syndicate Bank fraud case
NEW DELHI: The Enforcement Directorate (ED) on Monday attached movable and immovable properties valued at Rs 91.8 crore in connection with a bank fraud involving Rs 1,267 crore. An ED official said that the agency attached the properties — owned by Udaipur’s CA Bharat Bomb, Shankar Lal Khandelwal and others — in the loan fraud […]
CBI books Delhi jeweller for Rs 53 crore bank fraud
NEW DELHI: The CBI has booked a Delhi-based jeweller, Ginni Gold Pvt Ltd, and its five directors for alleged bank fraud causing loss of Rs 53 crore to Union Bank of India, officials said Thursday. Along with the company, the CBI has also named guarantor company S K G Doors Pvt Ltd and its two […]