Mandsaur (Madhya Pradesh): Malhargarh police arrested two more persons in connection with the gold loan fraud case at Canara Bank which dates back to 2020. Around 87 people cheated the bank by mortgaging fake gold to the bank. As per details, the main accused was identified as Rajesh Soni who was working as a bank manager, Canara Bank branch and used to assess the authenticity of gold as well as the valuation of the yellow metal. Senior police officials said that Soni used to arrange customers and certify fake gold as original.
On the basis of his report, the bank used to sanction gold loans to the customers. It was alleged that around 49 customers had pledged fake…
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Source: https://www.freepressjournal.in/amp/indore/mp-2-more-arrested-in-canara-bank-gold-loan-fraud-case