gold loan scam

Borivali police on Wednesday arrested Bherudas Baludas Vaishnav (40) for allegedly cheating a jeweller of Rs31.5 lakh using forged documents. The police are currently searching for his accomplice, Shrikant Shankar …

A 29-year-old bank executive, Sachin Arun Kalan, was arrested for allegedly stealing gold ornaments worth Rs27 lakh that were pledged by customers at a private bank in Ambernath East, Thane …

In a major bank fraud case, Gugloth Jairam Naik, a service manager at SBI’s Ramnagar branch, has been arrested for misappropriating Rs2.2 crore by approving gold loans against imitation gold …

A CSB Bank employee, T P Sanjay (33), has been arrested for misappropriating gold worth Rs1.8 crore and securing fraudulent loans, all while allegedly drawing inspiration from the character Baskhar …

The Enforcement Directorate (ED) has arrested R.M. Manjunatha Gowda, former Chairman of the Shivamogga District Co-operative Central (DCC) Bank, in connection with a Rs62.77 crore gold loan scam. The arrest …

The district crime branch police in Coimbatore arrested a couple, Kumaresan (34) and his wife Nagadarshini (29), for their involvement in a massive gold loan fraud. The couple, along with …

A man posing as a bank manager has been arrested by the Vadodara crime branch for allegedly duping multiple people out of gold worth Rs3 crore. Ravi Peshawariya, who had …

In a shocking case of fraud, four bank-appointed creditors and twelve account holders allegedly swindled Rs1.78 crore by mortgaging counterfeit gold. The scheme involved presenting fake gold as collateral, with …