Yes Bank Files FIR Against 'Cox And Kings' For Loan Fraud Of Rs 523 Crore
Following the complaint of Yes Bank executive, the EOW, Mumbai Police has registered a fresh FIR against the Cox and Kings group on a loan default of Rs 523 crore on June 24. Reportedly, the group has been allegedly involved in fraudulent activities involving a sum of around Rs 2,000 crore. The promoters, directors and others related to the fraud have been booked, followed by an investigation, said an official.
Tags: Yes Bank, Loan Fraud, Cox & Kings, Mumbai Police, Economic Offenses Wing
Courtesy: The Free Press Journal