Archive · 16 Sep 2025
Kachori Seller Accused of Rs 5 Crore Bank Fraud in Hathras
A young man named Akash, who sold kachoris, is accused of taking nearly 5 crore rupees from a bank in a short time.
He reportedly started with a small amount and used the bank's overdraft system, which allows people to borrow money.
It is alleged that he took out a lot more money than he had in his account.
Akash then reportedly invested the money in the stock market and bought a bike and gold.
Police are investigating the case, including the involvement of bank employees, to find out exactly what happened.
Akash, a kachori seller in Hathras, is under investigation for a Rs 5 crore bank fraud.
The alleged fraud involved exploiting the overdraft facility.
He opened an account with a small deposit and then made several withdrawals far exceeding his deposits.
The funds were reportedly invested in the stock market and used to purchase assets.
Police are investigating the case, including the potential involvement of bank employees.
- Who
- Akash, a 23-year-old kachori seller
- What
- Alleged bank fraud of Rs 5 crore
- When
- Within four months, starting from May 2025
- Where
- Hathras, Uttar Pradesh
- Why
- Unknown, pending investigation
- Suspect
- Akash, 23-year-old
- Location
- Hathras, Uttar Pradesh, India
- Alleged Amount
- Rs 5 crore
- Alleged Scheme
- Exploitation of overdraft facility
- Funds Usage
- Stock market investment, assets purchase
- Bank Involved
- Bank of India, HDFC Bank