Assam: Two More Suspects Arrested in Rs 10 Crore Railway Loan Scam
Guwahati, 11th June: Latasil police have apprehended two additional suspects from Rangiya involved in a large-scale railway loan scam. The suspects were allegedly engaged in creating fake stamps and other fraudulent activities that facilitated the scam.
Authorities have reported that the total embezzled amount has reached Rs 10 crore. These latest arrests bring the total number of individuals detained in connection with this case to five. Among those arrested is Fanindra Kumar, a superintendent in the accounts department of NF Railway, highlighting the involvement of high-ranking officials in the fraudulent scheme.
In addition to Kumar, the other individuals taken into custody include brokers and computer operators. The police have seized approximately 200 fake loan forms from the group. These forms were used to falsely designate individuals as railway employees, enabling them to secure loans from banks and embezzle significant sums of money.
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