Real Estate Mumbai
Mumbai EOW Cracks Down: Building Material Supplier Arrested in ₹122 Crore Bank Scam
The Economic Offences Wing (EOW) in Mumbai has arrested Pawan Amarsingh Jaiswal, a 47-year-old building-material supplier, in connection with a ₹122 crore fraud at the New India Co-operative Bank. Jaiswal's arrest has exposed links to a broader money laundering network involving charitable trusts and real estate.
Real Estate Mumbai
Mumbai: Ex-Chairman and Wife of New India Cooperative Bank Declared Proclaimed Offenders
The Mumbai Magistrate's Court has declared the former chairman of the New India Cooperative Bank and his wife as proclaimed offenders. Additionally, the court has allowed the police to attach 21 properties, including a Rs 150-crore slum rehabilitation project, in connection with the bank's financial irregularities.
Real Estate Mumbai
₹122-Crore Scam Rocking New India Co-op Bank: EOW Intensifies Investigation
The Economic Offences Wing (EOW) of the Mumbai Police is intensifying its probe into the ₹122-crore scam at the New India Co-operative Bank, with a particular focus on the properties of the Bhanu couple. The investigation is uncovering new layers of finan
Real Estate
Mumbai Police EOW Investigates Rs 122 Crore Fraud at New India Cooperative Bank, Multiple Arrests Made
The Economic Offences Wing (EOW) of the Mumbai Police has launched a thorough investigation into a massive Rs 122 crore fraud at the New India Cooperative Bank, leading to multiple arrests. The investigation has uncovered significant financial irregularit
Real Estate Mumbai
Rs 122 Crore Fraud: Court Sends Bank GM and Developer to Judicial Custody
Mumbai: Hitesh Mehta, General Manager and head of accounts at the New India Cooperative Bank, and real estate developer Dharmesh Paun, both arrested in the Rs 122 crore embezzlement case, were sent to judicial custody by a court on Thursday.
Real Estate Mumbai
EOW Secures Video of New India Cooperative Bank Ex-GM's RBI Interrogation; Lie Detector Test to Follow
The Economic Offences Wing (EOW) has obtained a video of the questioning of the former General Manager of New India Cooperative Bank by the Reserve Bank of India (RBI). The probe, which has been transferred to the EOW, has led to the arrest of several key
real estate news
Former CEO of New India Cooperative Bank Arrested in Rs 122 Crore Fraud Case
The former CEO of the New India Cooperative Bank has been arrested in connection with a massive Rs 122 crore embezzlement case. Authorities have also apprehended a real estate developer in the ongoing investigation.
Real Estate Mumbai
Mehta Allegedly Directed Staff to Disburse Money from Bank Safes: Police Report
In a startling revelation, the police have disclosed that Mehta, one of the key accused in the embezzlement case at the New India Co-operative Bank in Mumbai, used to phone bank staffers to disburse money from the safes. Mehta and real estate developer Dh
Real Estate Mumbai
Ex-GM of New India Cooperative Bank Arrested for Misappropriation of Rs 122 Crore
MUMBAI: The Economic Offences Wing (EOW) of the Mumbai Police has arrested a former General Manager of New India Cooperative Bank for allegedly misappropriating Rs 122 crore. The EOW initiated the investigation following a complaint that the ex-GM had mis