The Economic Offences Wing (EOW) of Odisha Police has arrested three female SBI officials and a middleman for a massive fraud involving Rs 13.92 crore. The accused sanctioned 282 'Express Credit Loans' using forged documents of employees from reputable firms like Tata Steel and Vedanta. The fraud took place between May 2022 and November 2023 across multiple branches in Bhubaneswar. The scam came to light after Rs 6.88 crore remained unpaid and the accounts turned into NPAs, leading to an official complaint by the SBI Regional Manager.
https://sambad.in/state/688-crore-fraud-in-the-name-of-express-credit-loan-11878091 #creator program



