Can I read Rotomac Fraud Case Overview on EtoBox?
Rotomac Fraud Case Overview by Shashank Shankar is a document available to read on EtoBox.
What is Rotomac Fraud Case Overview about?
The Rotomac fraud case involves Vikram Kothari of Rotomac Global Pvt Ltd taking loans totaling Rs 800 crore from seven public sector banks between 2008-2017 by providing forged and incomplete documents. He claimed the loans were to pay overseas suppliers but instead diverted the funds to shell companies for money laundering. An investigation by the CBI, ED, and IT department found that Rotomac was running an import-export business through shell firms. Vikram Kothari and his son Rahul Kothari have been arres
- Author
- Shashank Shankar
- Language
- EN