R 4.5 crore scam exposed in Utthan Nagari Coop Credit Society in Nagpur; 21 booked

21 Booked in ₹4.5 Crore Fraud at Nagpur Co-operative Society

Nagpur, India: A massive financial scam involving ₹4.54 crore has come to light at the Utthan Nagari Sahakari Patsanstha Maryadit, a co-operative credit society based in Indora, Nagpur. Twenty-one people, including senior office-bearers, have been booked for their roles in the fraud. The accused reportedly include the society's president, vice-president, manager, and several directors. According to the police, the scam occurred between 2018 and …

R 4.5 crore scam exposed in Utthan Nagari Coop Credit Society in Nagpur; 21 booked

Nagpur: A major financial fraud has been unearthed at the Indora-based Utthan Nagari Cooperative Credit Society in Nagpur, where crores of rupees collected from investors have allegedly been siphoned off. The police have booked 21 individuals, including the society’s Chairman and 20 directors, in connection with the Rs 4.5 crore scam. The action follows a complaint filed by Special Auditor Narayan Gadhekar, who investigated the society’s finance…