The Hindu·2 min read·medium
Private bank alleges ₹4.49 crore personal loan fraud
T
The Hindu Bureau
✦AI Summary
A private bank has filed a complaint regarding a ₹4.49 crore fraud involving 61 forged loan closure certificates. Cyber crime police are investigating how these documents were used to bypass bank norms and secure personal loans.
The Cyber Crime police have registered a case following a complaint by a private bank alleging a fraudulent scheme involving forged loan closure certificates that enabled the wrongful sanction of personal loans worth ₹4.49 crore.
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