Four men arrested for bank fraud in Andhra Pradesh

Four men from Andhra Pradesh have been arrested for alleged bank fraud. They were taken into custody by the Anti-Bank Fraud Wing of the Central Crime Branch. The investigation began after HDFC Bank conducted an internal audit. Bank officials discovered that some personal loan applications contained forged documents. A complaint was filed by Dhiviyan Kumar from the bank's Credit Intelligence and Control Unit. He noted that C. Ekambaram and two others falsely claimed to be software engineers. These men submitted fake salary slips to support their loan requests. A suspect named Kumar is believed to have created these fraudulent documents for a commission. In total, the bank lost ₹1.04 crore due to the scheme. The loans were reportedly diverted to unknown individuals. The police found that the accused had also taken loans amounting to ₹2.47 crore from various financial institutions using fake documents. The arrested individuals include C. Kumar, 29, C. Ekambaram, 27, Kesava Gangaraju, 25, and Krishnamoorthy, 24. They have been brought to Chennai and remanded to judicial custody.