Tag: loan fraud

Mallya arrested in London, released on bail

Newsroom24x7 Network London: Liquor baron and owner of the grounded Kingfisher Airline Vijay Mallya, who has been charged of fraud and defaulting on loans in India, was today arrested on India’s request by Scotland Yard in London. Mallaya was arrested on an extradition warrant on behalf of India at a police station in central London.

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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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