Huge scam in hdfc bank Hyderabad..!? Managers Arrested..?

Another huge bank scam has emerged in the heart of Hyderabad. An incident of deceiving the bank by opening accounts in the name of private employees and taking personal loans of Rs.20 crore through them took place in the metropolis. The police confirmed that this huge fraud was done with the help of the bank staff. To this extent, the cybercrime police arrested 10 of the gang of 11 people who opened accounts in HDFC.
Another accused is absconding. A total of 61 employees have taken loans of Rs.20 crore from the bank. Cyberabad CP revealed that deepak Reddy and Rakesh reddy from kadapa in ap are the main accused in this case. The looted money of 20 crores was shared together. deepak Reddy used to provide employees to companies in the name of GSR Advisors. He obtained the names and bank account details of 67 employees who had gone to various companies through him. He used to give pay slips along with monthly salaries to the employees after working in those companies. Later, Deepak's company dismissed the employees as they did not provide any other details about the employees' attendance.In addition to this, deepak and Rakesh reddy applied for online loans in HDFAC with the details of 61 people without telling the banks this information. In this order, they shared the looted money of Rs.20 crore with the bank staff. As the monthly installment dues were not collected, the officials lodged a complaint with the police. police have identified Mekala Rakesh Kumar reddy of Bukkapatnam, ysr kadapa district of andhra pradesh, Desai Dinesh reddy of Anantapur, Vadde Venkatesh, Boya Adinarayana, Sai ravi Varma of kurnool district, Paluri deepak Kumar reddy, a consultancy manager, as key accused. On the other hand, a case has been registered against E. Rajkumar of Balanagar, Enugula suresh of Nizampet, and Daggubati suresh of Pragatinagar. The bank officials, Chitti Babu, a personal loan manager from Banjara Hills, and another personal loan manager from BHEL, Harishchandra Gopala Shetty, along with all the accused, opened the door to a huge fraud.
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HDFC bank scam

Sowmiya Sriram

27/06/2023 01:45 PM