People involved in banking fraud have never gotten away unless there is a bigger secret that the accused can disclose to the world. However, this is quite a rare occurrence, and in most cases, the accused in banking fraud are tracked down no matter where they are and brought to justice.
The Hyderabad Central Crime Station police recently arrested Saket Talwar, 41, owner of Talwar Cars Private Limited at Banjara Hills, for cheating a bank for a whopping 95 Lakh Rupees in promise for a delivery of a luxury car. The arrest of the latter was made at a villa in Goa. The arrest was based on the complaint lodged by the senior manager at the Canara Bank, Sultan Bazaar branch.
Saket Talwar and his colleagues are involved in this scam where they took the loan in return for a luxury car but diverted the whole amount. This is not the first case against Saket Talwar. He has done the similar crime of taking loans and swindling funds through fake documents, insurances, fake chassis numbers, and temporary registration details.
There are 8 cases registered against him and his company in Banjara Hills, Jubilee Hills, Panjagutta, and Miyapur. The unique team from the Central Crime Station reached Goa through intelligence and arrested him from a villa in Arambol and is under judicial custody in the city.