Business Standard

Sunday, January 19, 2025 | 02:55 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Bank officials booked for fraud and criminal conspiracy

Image

Press Trust of India Phagwara (Pb)
Two bank officials were booked today on charges of fraud and criminal conspiracy, police said here.

The two officials of a local branch of Bank of Baroda have been booked based on the complaint of Satpal Singh, a resident of Jalandhar, who has alleged that they in connivance with four local firms advanced a loan of Rs 3.6 crore using fake documents of his land for mortgage purposes.

A case under section 420 (cheating) and section 120-B (criminal conspiracy) of the IPC has been registered against the duo.

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Aug 02 2013 | 12:15 AM IST

Explore News