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Hyderabad based Businessman cheats Union Bank... Arrested
A Hyderabad businessman was arrested for allegedly forging a bank guarantee and a closing transaction with the bank. A case was registered against him.
The 36-year-old businessman defrauded the Union Bank of India with Rs. 53 crore guarantee in Hyderabad. The case was handed over to the Cyberabad Economic Offences wing(EOW). The case was initially registered in Madhapur station and the police began an investigation.
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