His brother, Suresh, had lodged a complaint with the Irinjalakkuda police on Sunday, raising apprehension that Sujesh, who left home on Saturday, had gone missing.
Rajiv Ranjan Singh and G Krishna Hari were produced before the court and sent to judicial remand.
In the wake of the COVID-19 pandemic, banks have started providing most of their services online. In such a scenario, it is important to know if the information one comes across is legit.
Raman Bhuraria was arrested on Friday for his "assistance and complicity" in the alleged fraud.
He was produced before a court there on Monday and is being brought to Odisha on transit remand.
The Central Bureau of Investigation has arrested nine persons in connection with a bank fraud.
Will summon the accused persons for detailed interrogation from next week
Police sources said that telephone scammers had posed as bank staff and sought details of credit cards and OTPs from Govindraj in the name of offering gifts
The state government has decided to amend the Kerala Cooperative Societies Act of 1969 to add more teeth to prevent malpractices in cooperative societies.
Former branch manager M K Biju, aka Biju Kareem, former bank secretary T R Sunilkumar and former accountant C K Jils were the others expelled from the party.
The local committee member also revealed that former president of director board K K Divakaran’s claim that he came to know of the fraud only four months ago was a total lie.
A proper investigation into these cheating activities by a state agency will be a mockery.
The assistant registrar of cooperative societies who investigated the complaints of depositors detected fraud to the tune of Rs 4.85 crore.
The Enforcement Directorate (ED) has launched a preliminary probe into the Karuvannur Cooperative Society bank loan fraud.
Indian Bank declares Lanco Infra, Basundhara Green Power as fraud accounts with Rs 589 crore exposure
"We have to inform you that fully provided non-performing accounts have been declared as fraud and reported to RBI as per regulatory requirements," Indian Bank said in an exchange filing.