UP STF unearths over Rs.100 crore loan fraud
NOIDA, Dec. 6 -- An inter-state syndicate allegedly involved in creating forged financial profiles to obtain high-value loans from banks has been busted by the Uttar Pradesh Special Task Force (STF). Eight members of the gang were arrested from Gautam Budh Nagar late on Thursday, officials said on Friday.
Investigators said the racket is linked to loan frauds amounting to over Rs.100 crore, with the suspects using fabricated Aadhaar, PAN and bank documents to secure approvals....
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