
Loan Scheme Scandal: Manager Arrested for Embezzling Crores
Published on: Sept. 6, 2025, 10:09 p.m. | Source: Devdiscourse
A general manager at a private loan company has been arrested for embezzling Rs 11.25 crore. Satish Chandra, in collaboration with others, issued fake NOCs, illegally closing loans for lower amounts. A complaint led to his arrest by Gurugram police, with further investigation ongoing.