Pune Real Estate Loan Fraud: CBI Books Firm, Partners And Former SBI Chief Manager For Allegedly Cheating Bank Of ₹32 Crore
The CBI's Mumbai Economic Offences Branch has launched an investigation into an alleged ₹32 crore fraud involving a Pune real estate firm, its partners and a former SBI chief manager. The borrowers allegedly diverted funds sanctioned for luxury villas, sold mortgaged properties without permission and left construction incomplete.