48 borrowers, credit society staff booked for fraud
MUMBAI, April 8 -- In a fresh development in the Rs.122 crore New India Cooperative Bank scam, the Matunga police have registered a First Information Report (FIR) following a complaint filed by the Konkan Railway Region (Urban) Cooperative Credit Society. The complaint alleges a Rs.2.40 crore loan fraud involving 48 borrowers who posed as Konkan Railway Corporation Ltd (KRCL) employees, the society's former president, and unidentified officials....
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