Archive · 11 Jun 2025
EOW Closing In on Accused in ₹122 Crore Bank Scam
A bank lost a lot of money, about 122 crore rupees!
The police are trying to catch people involved.
They are looking for Ajay Singh Rathore, who got money to turn it from 'black money' to 'white money', but he ran away with it.
He was also at a meeting about the scam.
Police hope his arrest will help find the stolen money.
Another person, Pawan Jaiswal, is also being sought by the police.
EOW is closing in on Ajay Singh Rathore in connection with the ₹122 crore New India Co-operative Bank scam.
Rathore allegedly received ₹7.5 crore from embezzled funds to convert black money into white.
Rathore absconded with the money and never returned it.
Rathore is a close aide of Rajeev Ranjan Pandey and was present at a key meeting regarding the scam.
The EOW is also searching for Pawan Jaiswal in Jharkhand.
- Who
- Ajay Singh Rathore, Hitesh Mehta, Rajeev Ranjan Pandey, Pawan Jaiswal.
- What
- The EOW is closing in on Ajay Singh Rathore in connection to a ₹122 crore bank scam.
- When
- Ongoing investigation.
- Where
- Rajasthan, Santacruz office, and Jharkhand.
- Why
- To investigate and arrest those involved in the bank scam and recover the embezzled funds.
- Scam Amount
- ₹122 crore
- Key Accused
- Ajay Singh Rathore
- Money Received by Rathore
- ₹7.5 crore
- Prime Accused
- Hitesh Mehta
- Arrested Accused
- Rajeev Ranjan Pandey