Archive · 30 Aug 2026
Indore CBI Court Sentences 13 in UCO Bank Fraud
A court in Indore found 13 people guilty in a bank fraud case.
They were accused of getting loans using land that belonged to other people.
Investigators said they used fake documents and made-up identities during the loan process.
The CBI also said some sale deeds and government revenue orders were forged.
The alleged fraud caused UCO Bank to lose more than Rs 3 crore.
Each convicted person was sentenced to five years in prison.
Together, they must also pay a fine of Rs 1.56 lakh.
The CBI began the case in 2012 and later filed 10 chargesheets.
A CBI court in Indore sentenced 13 people to five years of rigorous imprisonment.
The court imposed a combined fine of Rs 1.56 lakh on the convicts.
The case involved more than Rs 3 crore in losses to UCO Bank.
The CBI said the accused used third-party land, forged documents and fictitious identities to obtain loans.
The CBI registered the case in 2012 and filed 10 chargesheets in December 2013.
- Who
- A CBI court sentenced 13 people, including Anil Patel, Manmohan Yadav, Kailash Yadav and 10 others named by the CBI.
- What
- The 13 people were convicted and sentenced to five years of rigorous imprisonment in a UCO Bank loan-fraud case, with a combined fine of Rs 1.56 lakh.
- When
- The case was registered on March 30, 2012; the conviction and sentencing were reported on Saturday.
- Where
- The proceedings took place in a CBI court in Indore.
- Why
- The CBI alleged that the accused conspired to obtain loans using third-party properties, forged documents and fictitious identities, causing UCO Bank losses of more than Rs 3 crore.
- Court
- CBI court, Indore
- Convictions
- 13 people
- Sentence
- Five years of rigorous imprisonment each
- Fine
- Total of Rs 1.56 lakh
- Bank affected
- UCO Bank
- Reported loss
- More than Rs 3 crore
- Case registered
- March 30, 2012
- Chargesheets
- 10 chargesheets filed on December 20, 2013