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  • Rs 53 crore bank fraud busted in Hyderabad, one held

    Hyderabad: The Cyberabad Economic Offences Wing busted a bank guarantee fraud and arrested the managing director of a private firm for forgery and cheating a nationalised bank, union Bank of India, by exceeding his credit limits, to the tune of Rs 53 crores. The police have booked two cases against the firm and four of its directors. […]

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