bank fraud Archives

The agency had filed a charge sheet in 1996, which resulted in Gupta being sentenced to three-year simple imprisonment in 2010 along with two other co-accused

Banking

CBI brings back absconding bank fraud convict from US, arrested on...

Team PGurus - August 9, 2023 0

CBI with the help of Interpol brought back convicted accused from US A bank fraud convict having an Interpol Red Notice against him was brought...

The action was taken in connection with three cases of bank fraud involving Rs.3986 crore of principal outstanding amount to the public sector banks

Banking

ED attaches assets worth Rs.248.98 cr in bank fraud case linked...

PGurus Newsdesk - May 31, 2023 0

ED probe reveals that the 3 companies of Surana Group have defrauded banks by floating a web of shell companies On Wednesday the Enforcement Directorate...

The immovable property is named Ambience Tower and it belongs to a company called Ambience Towers Pvt Ltd, a firm of the Ambience Group promoted by Raj Singh Gehlot

Banking

Bank fraud: ED attaches Rs.252 cr worth ‘Ambience Tower’ in Delhi’s...

PGurus Newsdesk - March 24, 2023 0

ED cracks down on bank fraud; seizes Ambience Tower in Delhi On Friday, the Enforcement Directorate (ED) announced that it had attached the multi-story commercial...

A well-choreographed scam involving bank management, bank-staff, politicians, auditors. What role did RBI and RCS play?

Banking

Decoding Sri Guru Raghavendra Sahakara (SGRSBN) Bank Scam

Harish V. - March 2, 2021 33

Despite RBI conducting a biannual and annual inspection, it has been continuously overlooking egregious activity that is going in the bank for the reasons...