CBI Launches Investigation In Rs 120 Crore Bank Fraud, Raids Multiple Locations
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Summary
The CBI has conducted raids across multiple locations in Tamil Nadu following directives from the Madras High Court. The investigation involves a company in Kancheepuram and its associates who alleged...
Key Details
Published
13 August 2025 at 08:00 am
Source
The 420
Channel
banking system
Victim Profile
banking institution
State
Tamil Nadu
Amount Loss Range
₹100000000–₹250000000
Fraud Keywords
bank fraudcredit facilitiesfund diversionshell companiesdemonetizationforgerycriminal conspiracy