Real Estate Mumbai
CBI Charges Five Construction Firm Officials in ₹12-Crore Bank Fraud Case
The Central Bureau of Investigation (CBI) has booked five officials from a construction firm for allegedly misusing ₹12 crore of a bank loan intended for Mumbai real estate projects. The officials are accused of selling units without obtaining the necessary No Objection Certificates (NOCs) as required by the loan agreement.
Real Estate
Rs 13,000 Crore Bank Fraud Unveiled: ED Seizes Huge Cash in Surana Group Raids
The Enforcement Directorate (ED) has seized a significant amount of cash during raids on the Surana Group, uncovering a massive Rs 13,000 crore bank fraud. The investigation reveals that the group siphoned off funds to shell companies and invested heavily in real estate.
Real Estate Mumbai
Mumbai Police Makes Fifth Arrest in Rs 122 Crore Bank Fraud Case
Mumbai Police have made a significant breakthrough in the Rs 122 crore fraud case involving the New India Bank. The latest arrest is of a key accomplice who allegedly received funds from the main culprits.
Real Estate
Mumbai Police Makes Fifth Arrest in Rs 122 Crore New India Bank Fraud Case
Mumbai Police have made the fifth arrest in the Rs 122 crore New India Bank fraud case. The latest arrest includes a real estate businessman and an accomplice, adding to the ongoing investigation. The suspect allegedly received funds from three individual
Real Estate Mumbai
Major Arrest in Mumbai Bank Embezzlement Scandal
In a significant development, police have arrested an individual involved in a Rs 12 crore embezzlement case, allegedly linked to real estate developers and other accomplices.
Real Estate
Rs 486 Crore Property Seized in Bhushan Power and Steel Bank Fraud Case - Insolvency Tracker
The Central Bureau of Investigation (CBI) has filed an FIR alleging that the directors of Bhushan Power and Steel Ltd (BPSL) defrauded banks of a staggering ₹47,204 crore. As part of the ongoing investigation, the CBI has attached properties worth Rs 486