From Biggest Basmati Rice Vendor to National Fraud Scandal: ED Nabs Best Food's MD in ₹1,740 Crore Scam
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Summary
The ED has arrested Dinesh Gupta, former MD of Best Foods Limited, in a ₹1,740 crore bank loan fraud case. Gupta allegedly manipulated the company's liquidation auction using over 75 shell entities re...
Key Details
Published
15 August 2025 at 07:00 am
Source
The 420
Channel
bank loan
Victim Profile
bank consortium
Amount Loss Range
> ₹10000000
Fraud Keywords
bank loan fraudshell entitiesbenami propertiesauction riggingliquidation fraudmoney laundering