Intelligence Alert

Chennai Police arrest four people for INR 2.47 crore bank fraud on Saturday (22 March)

Risk level: Low Country: India

As per reports, the Greater Chennai Police have arrested four people hailing from Andhra Pradesh related to an INR 2.47 crore bank fraud in Chennai on Saturday (22 March).

The four are accused of using fabricated documents to defraud a bank after which the Central Crime Branch (CCB) initiated an investigation based on a complaint from the bank. The accused had allegedly scammed other financial institutions by fabricating documents.

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