Chandigarh, March 3 -- From earning a modest Rs.1,500 a month as a caretaker to owning multiple prime properties in the city worth over Rs.100 crore, 52-year-old Vikram Wadhwa, who has emerged as the "kingpin" in a suspected Rs.590-crore banking fraud involving accounts of several Haryana government departments, has been known for his extravagant lifestyle.

The Haryana Anti-Corruption Bureau (ACB), which is probing the case, has already issued a look-out circular seeking his detention at airports, seaports and land borders. Wadhwa went into hiding even before the FIR was registered, a senior ACB official said. Six persons have been arrested so far.

An intermediate pass-out from a modest background, Wadhwa moved to Chandigarh from Malout...