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News

Bank reports alleged Rs 75 lakh loan fraud in Margao

By News Desk

| October 19, 2026, 2:20 PM

Bank reports alleged Rs 75 lakh loan fraud in Margao

Margao Town Police have booked three Kundaim residents in the alleged bank loan fraud

Margao Town Police registered a case against three persons from Kundaim over an alleged Rs 75 lakh bank loan fraud. The accused allegedly obtained a loan using property that had already been mortgaged and later auctioned. Further investigations are underway.

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