Four arrested for Rs 2.47 crore bank fraud

timesofindia.indiatimes.com

Authorities in Chennai have arrested four individuals from Andhra Pradesh. They are accused of defrauding HDFC Bank out of Rs 2.47 crore. The suspects allegedly used fake documents to obtain personal loans. The group pretended to be software engineers and created forged salary slips with the help of an accomplice. Their fraudulent activities extended to multiple financial institutions. The arrested suspects are currently in judicial custody while the investigation is still ongoing. Police are looking into the full scope of their operations.


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