File photo of CBI Photograph:( Zee News Network )
The Central Bureau of Investigation has registered a case of bank loan fraud against RP Infosystem and its directors.
The fraud is thought to be worth Rs 515.15 crore
Central Bureau of Investigation (CBI) registered a case of bank fraud worth Rs 515.15 crores against RP Infosystem & its directors— ANI (@ANI) February 28, 2018
RP Infosystems manufactures personal computers and is based out of Kolkata.
Punjab National Bank had earlier this month reported fraudulent transactions worth Rs 11,400 crore from a single Mumbai branch. The bank has since said the total amount scammed might be Rs 1,300 crore more.
Billionaire diamantaire Nirav Modi, who has become the face of the scam, is accused of defrauding the bank of Rs 280 crore.