Monday, May 23, 2022
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
Home | Hyderabad | Hyderabad Mastanvali Arrested Again For Fixed Deposit Scheme Fraud

Hyderabad: Mastanvali arrested again for fixed deposit scheme fraud

By Telangana Today
Published: Published Date - 08:53 PM, Sat - 22 January 22
Representational Image

Hyderabad: Shaik Mastanvali, allegedly involved in fixed deposit scheme frauds in South India, was arrested by the Hyderabad CCS police on Saturday.

A case was registered at the Hyderabad CCS on a complaint made by the branch manager of the union Bank of India, Karwan branch.

“Mastanvali, along with one N Venkat Raman, while working as the chief manager of union Bank of India, Karwan branch, forged two fixed deposit receipts amounting to Rs 1.99 crore each and tried to transfer the money. However the money could not be withdrawn,” the police said.

Previously, Mastanvali, Venkat Raman and 20 others were arrested by the police in connection with the ‘Telugu Akademi fraud’ last year. An amount of Rs. 64 crore was allegedly misappropriated by them.


Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.

Click to follow Telangana Today Facebook page and Twitter .


  • Follow Us :
  • Tags
  • fixed deposit scheme fraud
  • Hyderabad CCS
  • Shaik Mastanvali
  • Union Bank of India

Related News

  • Jagtial: Rs 1 cr scam in Union Bank of India Chelgal branch

  • Union Bank of India Q3 net up 49.29%

  • Nidhu Saxena assumes charge as ED of UBI

  • Hyderabad: UBI ties up with Vijaya Diagnostics

  • Union Bank of India organises MSME credit camp in Hyderabad

  • Union Bank of India’s net profit jumps 195.42%

Latest News

  • Karimnagar: MLC flays govt to earn Rs 500 crore through land auction

    10 mins ago
  • CM KCR returns to Hyderabad after four day visit to Delhi, Chandigarh

    12 mins ago
  • NCSC to conduct job mela for differently-abled in Hyderabad on May 27

    15 mins ago
  • Day one of Davos trip, KTR brings over Rs 600 crore investments for Telangana

    21 mins ago
  • IPL 2022, Qualifier 1: Gujarat Titans hold edge against Rajasthan Royals

    20 mins ago
  • Ex-MP Renuka Chowdary is like a migratory bird, says Puvvada

    43 mins ago
  • Andrew Symonds’ memorial service to be held on May 27

    46 mins ago
  • OU signs MoU with autonomous colleges to launch Cluster Colleges

    46 mins ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam