Archive · 25 May 2025

CBI Books Two Firms for Cheating SBI

CBI Books Two Firms for Cheating SBI

Two companies are accused of tricking a bank.

One company used a public park as fake collateral for a loan.

The bank found out after the loan wasn't repaid.

The second company is accused of submitting forged documents to get a loan.

The CBI is now investigating the cases after a court told them to.

The court was unhappy with how long it took to start the investigation.

Sources