Assets of rRs.r2.5 crore seized; Delhi cops bust fraud network
India, Oct. 30 -- In a financial fraud case, Delhi Police have seized gold coins, ornaments, and Rs.2.37 lakh in cash, worth around Rs.2.50 crore, from an SUV bought with the cheated money, an officer said on Thursday.
Police said the accused, Vinay Kumar Yadav and Anil Kumar Sehgal, allegedly impersonated corporate directors and induced officials at a public sector bank to transfer money into mule accounts through fraudulent RTGS transactions.
"Their arrest led to solving six cases of similar modus operandi where the bank officials were deceptively induced to transfer funds to mule accounts. The cases were registered in Delhi and Haryana between May and October, and the cheating money amounted to over Rs.5.17 crore," said deputy commis...
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