Mumbai Crime Branch says former bank employee who has been arrested thrice in the past used intricate knowledge of the system to forge documents, defraud citize
Seven persons, including a former bank employee, were arrested by the Mumbai crime branch for defrauding banks of crores of rupees through loan fraud. The gang used forged documents and fake businesses to secure loans, and the leader of the gang had previously been arrested for purchasing high-end cars on loans and mortgaging them. The police suspect the involvement of several bank employees in the fraud. | Mumbai news