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Love, lies and fake gold: An extramarital affair that led to a Rs 3-crore loan fraud
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The Indian Express
Officers said an investigation is underway to determine the exact sequence of events with eyewitness statements and other evidence being examined.
(File Photo)It began with a phone call received from a wrong number.
He soon found out that it was difficult to support both his family and the woman on his salary.
The result: he went on to siphon money from his company, orchestrating a gold loan fraud worth more than Rs 3 crore over six years.
During this time, he transferred around Rs 90 lakh to bank accounts linked to the woman in multiple transactions.