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Mysuru's Evening Daily · Since 1978
Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Fraud with e-bank guarantees: Banks cheated of Rs. 168 crore; CA arrested by Bengaluru Police

Bengaluru: The Bengaluru Cybercrime Police have arrested a 45-year-old Chartered Accountant (CA) Ashish Saxena from Noida, Uttar Pradesh, for allegedly deceiving 11 individuals by issuing fake e-bank guarantees totalling Rs.168 crore. Bengaluru…

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Published March 28, 2024 · 1 min read
fraud with e-bank guarantees:

Bengaluru: The Bengaluru Cybercrime Police have arrested a 45-year-old Chartered Accountant (CA) Ashish Saxena from Noida, Uttar Pradesh, for allegedly deceiving 11 individuals by issuing fake e-bank guarantees totalling Rs.168 crore.

Bengaluru City Police Commissioner B. Dayananda stated that a complaint was filed against Saxena for providing counterfeit e-bank guarantees to contractors.

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