Two Bank of Baroda Managers Held in ₹3.55 Crore Fraud Case in Mahisagar

Mahisagar: Santaramapur police arrested the current and former bank managers of Bank of Baroda in a 2024 banking fraud case. The case first came to light in 2024 and revealed that around 35 individuals allegedly defrauded the bank of ₹3.55 crore by submitting fake documents. So far, 20 accused have been arrested in this personal loan scam, including the latest arrests of the current manager and former manager Bhupesh Purohit.

The police are investigating the matter further to identify additional accomplices and ensure that all those involved are brought to justice. The scam involved approving personal loans based on duplicate documents, with managerial involvement coming under scrutiny. DYSP Kamlesh Vasava, Deputy Superintendent of Police, Mahisagar, confirmed the arrests. DeshGujarat