Hyderabad: Police in Sangareddy district, approximately 63 km away from Hyderabad, Telangana, has apprehended 12 individuals for allegedly defrauding Andhra Bank. The case, registered at RC Puram police station, involves the accused obtaining loans in the name of 15 companies back in 2018.According to reports, the accused successfully secured loans and made payments to the bank for a period of two years. However, when they sought to renew the loans, discrepancies in the submitted documents surfaced. An internal inquiry conducted by the bank revealed the irregularities, prompting them to halt the loan renewal process.In 2021, the bank filed a case against the accused. Meanwhile, it was…
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Hyderabad Crime News: Hyderabad: 12 Arrested for Multi-Crore Bank Fraud in Telangana’s Sangareddy District
