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Mastermind of ₹29 Crore Bank Fraud Caught in Haryana

Rudrapur/Dehradun: In a major breakthrough, Uttarakhand Police has arrested Rajkumar alias “Chairman”, the mastermind behind a multi-crore fraud case at IndusInd Bank in Rudrapur. The accused had fraudulently withdrawn ₹29.5 crore using fake cheques from a joint account held by the National Highways Authority of India (NHAI) and the Competent Authority for Land Acquisition (CALA).

The fraud came to light in August 2024 when ₹13.5 crore was siphoned off using three fake cheques. Earlier, the bank manager and a female cashier were arrested. Further investigation revealed the involvement of Lalit Mahendru, his sister Meenu Bathla, and Rajkumar. Lalit was arrested from Zirakpur, Punjab, while Rajkumar remained absconding with a ₹25,000 reward on his head.

A key lead in the investigation was that Rajkumar was planning to become a father through surrogacy. Based on this tip, police tracked and arrested him from Sonipat, Haryana.

Rajkumar has 18 criminal cases against him, including murder and fraud. He had previously served as chairman of cooperative societies in Haryana, earning him the alias “Chairman.”

– A major success for Uttarakhand Police

Himalayan Live Bureau

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