2 ex-employees of gold loan firm arrested for fraudulently releasing collateral
The STF had been receiving information about an active gang operating in collusion with certain employees of the gold loan firm.
Source: hindustantimes.com
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Mumbai: Man takes out loan against fake gold from Colaba bank; probe underway
Colaba Police recently uncovered a fraudulent scheme involving 3 persons who availed of a loan of Rs 18.70 lakh from a bank by using fake gold as collateral
Source: mid-day.com