October 20, 2021
Scam/Fraud

ED registers case » Scammer News

The Enforcement Directorate (ED) has registered a case in connection with the Karuvannur Service Cooperative Bank multi-crore loan scam.

The case has been registered under the provisions of the Prevention of Money Laundering Act against the six accused mentioned in the first information report filed by the State police. They include T.R. Sunil Kumar, former bank secretary; Biju Karim, former manager; Jilse C.K., former accountant; and others including Reji Anilkumar, Kiran, and Bejoy A.K. The preliminary investigation by the Central agency revealed fraud to the tune of nearly ₹200 crore through fake bank accounts and benami deals. It was also found that black money from abroad was routed through the bank.

CB issues lookout notice

The Crime Branch had issued a lookout notice for the accused two days ago. The Thrissur District Sessions Court will consider the anticipatory bail plea of Biju Karim, Reji Anilkumar, Kiran, and C.K….

Read full article here: scammernews.com