Mastermind of Rs 300 Crore Bank Scam Arrested in UP

Mastermind of Rs 300 Crore Bank Scam Arrested in UP

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Prime Accused in Rs 300 Crore Bank Scam Arrested in Vrindavan Living as a Sadhu

The prime suspect in a massive Rs 300 crore bank scam in Maharashtra was arrested in Vrindavan, Uttar Pradesh, where he had been hiding by pretending to be a sadhu (holy man).

 

Babban Vishwanath Shinde, who is believed to be the mastermind behind the Jijau Masaheb Multi-State Bank scam, was caught on September 25 by a joint team of Maharashtra police and local authorities. Shinde had been on the run since the scam was uncovered, and his arrest is seen as a big breakthrough in the case.

 

According to Arvind Kumar, the police official from Mathura, local intelligence helped track Shinde down. Based on a tip-off, authorities found his location in Vrindavan and arrested him without any trouble.

 

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After the arrest, Shinde was brought back to Maharashtra and presented before a court, which handed him over to the investigating team. More details about the case and charges against him will be shared soon.

 

The Jijau Masaheb Bank scam involved fake loans and misused funds, causing huge losses for the bank and its customers. Shinde’s arrest has given hope to the victims, with expectations that the case will move forward quickly.

 

Source.