PNB Declares Rs 2,434 Crore Alleged Loan Fraud Against Former Promoters Of Srei Firms
PNB said that of the total fraudulent borrowings, Rs 1,240.94 crore is related to Srei Equipment Finance and the remaining Rs 1,193.06 crore is related to Srei Infrastructure Finance.
Dec 27, 2025, 11:06 AM IST
Who Is Bankim Brahmbhatt? The Indian-Origin Man Allegedly Behind A Half-Billion Dollar Loan Fraud
BlackRock & HPS are trying to recover over $500M from Indian-origin CEO Bankim Brahmbhatt, accused of using fabricated telecom invoices as loan collateral.
Nov 01, 2025, 09:10 AM IST
Two SUVs With Same Number Plates Led To Bizarre Loan Fraud Saga - Read
Driver Prasad Chandrakant Kadam (38) had forged the number plate to ensure his vehicle was not seized by a finance company from which he had taken a loan, the official said.
Jan 06, 2025, 22:51 PM IST
Big loan app fraud decoded: Rs 500 cr sent to China via Lucknow call centre, 22 Indians arrested
Name of the apps which have been identified by police are -- Raise cash app, PP money app, Rupees master app, Cash ray app, Mobipocket app, Papa money app, Infinity cash app, Kredit mango app, Kredit marvel app, CB loan app, Cash advance app, HDB loan app, Cash tree app, Raw loan app, Under Process, Minute cash app, Cash light app, Cash fish app, HD credit app, Ruppes land app, Cash room app, Rupee loan app and Well Kredit app.
Aug 20, 2022, 23:15 PM IST
Beware! Stay away from THIS Chinese loan app, Rs 10 crore extorted, people harassed and threatened with morphed pictures
In a fake loan scam, a man was granted a loan of Rs 6,870 following which the accused persons started harassing him using his contacts and photographs stored in the gallery of his cellphone.
Jul 22, 2022, 14:56 PM IST
Delhi Police busts Chinese loan app fraud, 8 held
The accused were using a Chinese loan application to provide loans and extorting and abusing people on the pretext of not repaying the loan amount.
Apr 03, 2022, 20:41 PM IST