Tag: Economic Offences wing

Chit Fund racket in Delhi leaves many duped and cheated

Newsroom24x7 Network New Delhi: The Economic Offences Wing of Delhi Police, this past Friday 21 June 2019, registered an FIR under Sections 420, 34 and 409 of Indian penal Code and Sections 4, 5 and 6 of prize chits and Money Circulation Schemes (Banning) Act, 1978 against a former employee of Punjab & Sind Bank

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Loan fraud: 2 Cheats arrested for duping a Gujarat based company

Newsroom24x7 Desk New Delhi: Economic Offences Wing of Delhi Police has solved a 3-year old case of cheating and fraud and arrested 2 persons who were part of a gang that had duped a Gujarat based company by making it pay a huge amount as processing fee to avail a loan of Rs. 400 crore.

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Prominent South Delhi businessman arrested by EOW for multi-crore scam

Newsroom24x7 Desk News Delhi: Sleuths of the Economic Offences wing (EOW) of Delhi Police have arrested a prominent business man of south Delhi and solved a multi-crore scam under the cover of invoice factoring with a public sector finance Corporation. The arrested businessman, Amit Kumar Gupta, managing director of Shree Shyam Pulp & Board Mills

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