Andhra Pradesh group arrested for Rs 2.47 crore bank fraud in Chennai; posed as software engineers.

The Central Crime Branch in Chennai has apprehended four individuals from Andhra Pradesh in connection with a bank fraud case amounting to Rs 2.47 crore that targeted HDFC Bank. The accused orchestrated the scam by submitting falsified documents to secure personal loans, masquerading as software engineers with the help of a collaborator who forged salary papers. This elaborate deception extended to various other banks as well. The suspects have been remanded to judicial custody while further probes are underway to unearth the full extent of their illicit activities.

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