Banking News
Read the full story
Source: The Hindu BusinessLine
The Hindu BusinessLine
Source
Fraud & Awareness
Category
3 min
Read time
05 Sept
Published
Fraud & Awareness
3 min read· The Hindu BusinessLine TrendingCBI books Essel Group chairman Subhash Chandra in LIC Housing Finance ₹1,322-cr fraud case
The CBI has filed a major case against Subhash Chandra regarding a massive loan default at LIC Housing Finance. This investigation follows allegations of cheating and submitting false wealth documents for loans.
The CBI took action based on a complaint it received from the LICHFL on August 31, accusing Chandra and others of indulging in cheating, criminal conspiracy, and criminal breach of trust to defraud loans
#Fraud
Source: The Hindu BusinessLine