Photo: Times of India
CBI Seizes Helicopter From Home Of Pune Businessman Avinash Bhosale In DHFL Loan Scam Case
Central Bureau of Investigation (CBI) intercepted an AgustaWestland helicopter stationed at a hangar on the premises of Pune-based businessman Avinash Bhosale on July 30 in the Rs 34,615 crore DHFL loan fraud case. The FIR was filed against DHFL, its former CMD, MD, current Director, and a few other unidentified individuals, including public workers. According to a CBI officer, the… read-more
Tags: DHFL, Loan Fraud, CBI, AgustaWestland chopper, Avinash Bhosale
Courtesy: DNA INDIA
Photo: The Indian Express
Rajkummar Rao Falls For Loan Fraud, Tweets To CIBIL
Bollywood actor Rajkummar Rao took to Twitter and said he has been the victim of fraud. Notably, the 37-year-old actor's PAN Card was misused to take a loan in his name, which has affected his credit score. Rao's tweet, "#FraudAlert My pan card has been misused and a small loan of Rs.2,500 has been taken on my name. @CIBIL_Official please rectify the same and do take precautionary steps".
Tags: Loan Fraud, Rajkumar Rao, Bollywood, pan card, Indian Cinema
Courtesy: The Free Press Journal
Photo: The Free Press Journal
Mallya's Property Sold In Mumbai For Rs 52 Crore
The debt recovery tribunal (DRT) managed to recover Rs 52.25 crore in Mumbai by selling fugitive Vijay Mallya's Kingfisher House to a Hyderbad-based Saturn Realtors. The recovery from the house, which was valued at Rs 150 crore, will go to the lenders who already retrieved Rs 7,250 crore by auctioning shares of Mallya. Besides, during the auction period in November 2019, the house failed to attract buyers repetitively eight times.
Tags: Kingfisher House, Vijay Mallya, Mumbai, SBI, Loan Fraud
Courtesy: The Indian Express
Photo: Business Today
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
Photo Source: Swarajya Magazine
Fugitive Mehul Choksi Missing From Antigua And Barbuda, Claims Lawyer
Fugitive jeweller Mehul Choksi’s lawyer Vijay Agarwal on May 25 said that his client has been missing in the Antigua and is family is also looking for him. Meanwhile, the Antiguan Police have launched a manhunt for the absconding diamantaire. Reportedly, intelligence department predicted that Choksi might have shifted his base to Cuba. Hiding since 2018, Choksi is wanted in the Rs 14,000 crore PNB loan fraud and money-laundering case.
Tags: Mehul Choksi, Loan Fraud, Antigua, Diamantaire, CBI, Money laundering case
Courtesy: NDTV
Photo: VectorStock
Domestic Help Duped Into Marriage By Fraudster; Court Denies Divorce
In Gujarat's Vadodara, a 23-year-old domestic worker Meena Parmar has been tricked into marriage by a man who disguised as a loan agent. Meena, who is poorly educated, wanted to buy a scooter. She was duped by Vijay and signed a marriage registration paper instead of vehicle loan papers. Reportedly, her divorce petition was rejected by the court due to lack of proof. Meanwhile, the fraudster has been absconding since then.
Tags: Loan Fraud, Hindu Marriage Act, Tricked Into Marriage, domestic help, taken advantage of, government loan agent
Courtesy: The Times Of India
Photo: Web Design Leicester
Telangana Police Requests Google To Remove 158 Instant Loan Apps
After busting various cases related to harassment of defaulters by the instant financing apps, the Telangana police asked Google to remove 158 apps from its Play Store. The police stated that these companies train their employees tactically to terrify and harass loan defaulters. While the police have already arrested 14 people regarding the charges, the Enforcement Directorate is taking cognizance of the matter after Chinese ownership angle… read-more
Tags: Police, Google Playstore, Loan Fraud, Telangana
Courtesy: Gadgets Now
Photo: The Economic Times
PIL Blames Loan Apps For Hounding Borrowers; Asks RBI To Intervene
Save Them India Foundation has filed a PIL in the Supreme Court against the third party loan apps, which are allegedly downloading users' personal information to harass them. It has also asked the RBI to strictly regulate these apps, mostly Chinese, as they threaten and publicly share borrowers’ details with their contacts when default. The PIL also alleged banks for sharing cases with the recovery agents before the borrower applied for… read-more
Tags: RBI, Loan Fraud, Supreme Court, Save Them India Foundation
Courtesy: LiveMint
Photo: Scroll.in
CBI Books Unitech Group MD For Duping Canara Bank Of Rs 198 Crore
After receiving a complaint from Canara Bank, CBI has booked three members of the Unitech Group for an alleged fund embezzlement. The Unitech Group members - MD Sanjay Chandra, his father Ramesh Chandra and brother Ajay Chandra - are accused of cheating the bank of Rs 198 crore. The FIR read that the company was granted credit on properties, which were sold without informing the bank. However, Sanjay has been granted interim bail.
Tags: CBI, Bank fraud, Sanjay Chandra, Loan Fraud
Courtesy: The Times of India
