Sleuths of the anti-fraud unit of Kolkata Police's Detective Department have launched a manhunt to nab three of the accused's associates who had also posed as senior officers of the commissionerate.
From October 2020 till July 2021, several transactions had taken place in the victim's account without his knowledge, causing him to lose Rs 11 lakhs.
Were told their money would be doubled if they paid Rs 55,000 twice
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 truth is often bizarre. Here is the proof. A Muvattupuzha native’s attempt to retrieve the money he lost to online fraud ended up costing him Rs 32.5 lakh in total!
The assistant registrar of cooperative societies who investigated the complaints of depositors detected fraud to the tune of Rs 4.85 crore.
Accused Ramchand Karunakaran, who played a prominent role in siphoning off funds, was one of the directors of IL&FS Rail Ltd and the managing director of IL&FS Transportation Network Ltd.
The fire on the funeral pyre of T M Mukundan has died down, but the embers of despair and pain are still alive in the minds of his dear ones.
The Enforcement Directorate (ED) has launched a preliminary probe into the Karuvannur Cooperative Society bank loan fraud.
They assured bank prez and secy that they would sell real estate assets to repay loans
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.
The District Crime Branch police on Thursday booked two ‘helicopter brothers’ on charges of defrauding a couple of Rs 15 crore.
The nexus formed by a few bank officials who had helped each other to siphon off money and invest the same in their personal businesses was revealed in the report with evidence.