CBI nabs prime accused in bank cheating cases

  • | Friday | 12th July, 2019

Harish Murali ByExpress News ServiceCHENNAI: A 48- year-old accused involved in several bank fraud cases was finally nabbed by the CBI sleuths and produced at a CBI special court here. Claimed to the prime accused in the Rs 4.22-crore bank loan fraud in the Indian Bank, Guindy branch, in 2012, Joseph Premkumar has also Central Crime Branch (CCB) cases pending against him, in which he swindled `28 crore from HSBC Bank. LS Sathyamurthy, XIII Additional Judge of Special Court for CBI Cases, remanded the accused. A resident of Chennai, Joseph Premkumar also cheated the HSBC Bank in 2012, from which he took Rs 28-crore loan for bogus companies. The CBI registered cases against six people in the case in which only Joseph was absconding and the case is expected to come up in the following weeks.

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