Bank Loan Fraud Archives

The ED's investigation has uncovered that assets worth thousands of crores, have been allegedly parked under shell companies' name

Banking

ED raids Amtek Group in Delhi-NCR, Mumbai, Nagpur in over Rs.20,000...

Team PGurus - June 20, 2024 2

ED raids premises linked to the Amtek Group and its directors, which include Arvind Dham and Gautam Malhotra The Enforcement Directorate (ED) on Thursday searched...

CBI received a complaint from the Central Bank of India in 2021 against Varun Industries Ltd, its directors for defrauding bank to the tune of Rs.269.29 cr

Banking

CBI books Mumbai-based firm, directors for bank loan fraud of Rs.269.29...

PGurus Newsdesk - August 23, 2023 0

Bank loan fraud case: CBI files FIR against Varun Industries Ltd for defrauding bank The Central Bureau of Investigation (CBI) has lodged an FIR against...

Reddy was taken into custody under the Prevention of Money Laundering (PMLA) by the federal agency's Hyderabad office, ED said

Banking

ED arrests T Venkattram Reddy, former promoter of Deccan Chronicle group...

Team PGurus - June 14, 2023 0

ED arrests Deccan Chronicle’s T Venkattram Reddy, 2 others in loan default case The Enforcement Directorate (ED) on Wednesday arrested T Venkattram Reddy, former chairman,...

ED initiated a PMLA investigation based on an FIR registered by Pune police against Vinay Aranha of Rosary Education Group and others for loan fraud

Banking

Bank loan fraud: ED attaches immovable properties worth Rs.121.81 cr, movable...

PGurus Newsdesk - May 20, 2023 0

ED attaches assets worth Rs.122.35 cr in Seva Vikas Coop Bank loan fraud case The Enforcement Directorate (ED) said that it has attached 47 immovable...