Monday, Oct 03, 2022

loan fraud


Bank fraud: CBI books S Kumars’ promoters, searches 13 locations

April 14, 2022 12:42 am

The CBI in a statement said that it has registered an FIR against the SKNL and 14 others, including its promoter Nitin Kasliwal, following a complaint from the IDBI Bank Ltd.

Loan fraud: ABG Shipyard’s ex-CMD quizzed again

February 22, 2022 10:58 am

Meanwhile, the Enforcement Directorate has initiated a case of money laundering against the company and its directors and is also likely to summon them for questioning.

Gujarat shipbuilding firm booked for Rs 22,000 crore loan fraud: CBI

February 13, 2022 7:28 am

ABG Shipyard is alleged to have diverted loan funds through subsidiaries in Singapore and through other means between 2012 and 2017. The loan was declared NPA in July 2016, and the company is already facing proceedings in the NCLT.

Mumbai: Bank staffers among seven convicted for loan fraud

August 31, 2021 8:59 am

The court sentenced the accused -- most of whom are now senior citizens --- to punishments ranging from five years to one year and fine up to Rs 23 lakh.

Jet in Dominica with Choksi case papers from India, says Antigua PM

May 31, 2021 10:44 am

Choksi, who was reported missing after he left his home in Antigua and Barbuda on May 23, was arrested in Dominica on May 25 evening local time, for allegedly entering that country illegally.

SBI cautions its customers about fake loan offers

April 21, 2021 4:49 pm

In its statement, SBI said, "It has come to our notice that certain unknown persons are attempting to defraud the general public by offering loans from non-existing entities in the name and style of SBI Loan Finance Ltd. or any such entities."

Vadodara: 2 booked for securing loan using forged documents

February 21, 2021 3:52 am

The accused also allegedly failed to repay the loan amount and the interest amounting to Rs 11.32 crore.

ED attaches assets worth Rs 4,700 cr from Sterling Biotech group over alleged loan fraud

June 02, 2018 1:59 am

The assets have been attached in connection with a money laundering probe the agency is conducting against the company for defaulting on loans.

Rs 240-crore bank loan fraud: EOW files 6,000-page chargesheet

April 17, 2018 2:31 am

Three directors of private firms in the city had been arrested by the EOW on March 16 for allegedly facilitating the fraud. In addition to the three arrested accused, the EOW chargesheeted two others and added the section of criminal breach of trust to the earlier charges.

Alert at airports against husband of Chanda Kochhar, Videocon’s Dhoot

April 07, 2018 12:44 pm

Government sources said the look out circular against Deepak Kochhar and Dhoot are to ensure that they do not leave the country before the CBI completes its preliminary enquiry.