Delhi: CBI accuses a private packaging company of bank fraud; investigations are ongoing

CBI teams searched premises of packaging firm Rave Scans Private Limited . The firm is accused of perpetrating a deceitful fraud of Rs 20,000 .

New Delhi, India (India), June 24: The Central Bureau of Investigation (CBI) reported an FIR against a Delhi-based packaging firm for allegedly defrauding a consortium of banks on Friday.According to the FIR, several CBI teams searched the premises of the packaging firm Rave Scans Private Limited for allegedly defrauding a bank consortium of Rs 69.33 crore.The chief regional manager of Indian Overseas Bank, New Delhi, had lodged a written complaint about the issue.Ms Rave Scans Pvt.

Ltd. RSPL, having its registered office address in Naraina Industrial Area in New Delhi, and its Directors, whom the Banks have not identified, are accused of perpetrating a deceitful fraud of Rs.20,000.Between 2011-2016, the Indian Overseas Bank led consortium of banks, earning 69.33 crore, it is further reported that Ms Rave Scans Pvt.Ltd. incurred additional compensation.