The Central Bureau of Investigation (CBI) has registered a ₹62.42 crore bank fraud case against a Mumbai-based firm, its partners, and unknown public servants and private persons.
A complaint filed by Indian Bank's SAM Branch in Mumbai led to the case registration against One World Sourcing and its partners, Aashima Manoj Khushalani and Rakesh Kumar Singh.
The accused allegedly entered into a conspiracy, cheating, and falsification of accounts by submitting inflated debtor figures and false financial information to the banks, causing a wrongful loss of ₹62.42 crore to the complainant bank.
CBI conducted searches at multiple premises linked to the partners of the Firm in Mumbai and other locations, recovering incriminating documents relevant to the investigation.
The investigation is ongoing to ascertain the full extent of the conspiracy, identify the role of all involved persons, and trace the end-use of the loan funds.
