Former MP Arrested in ₹500 Crore Bank Loan Fraud

Imagine a bank where loans were given out like candy, but not the right way.

The ED, which is like a financial police force, arrested some people, including a former politician, for taking part in this scheme.

They're accused of illegally giving out over ₹500 crore in loans, with a chunk of that money allegedly going to the former politician and his friends.

These loans went through fake companies, and some bank officials allegedly got paid off.

Now, the ED is investigating where all the money went.