PMC Bank Fraud: How Did They Do It?

While investigations into the #PMCBank fraud continue, the question on everyone's mind is-How did they pull it off?

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[maheshn]

The truth is lot of banks are in trouble. A large portion of the loans given by banks in the last 10 years has not come back. Many banks are misreporting to rbi about bad loans. BEWARE THIS CAN HAPPEN TO ANY BANK

[binaramani]

This kind of fraud when Modi claims all black money has gone🤣. This when honest citizen has to furnish lots of documents to get a bank account. This when already tax paying person has to go through a lot of hassle to file his return. Wah Modiji

[hareshsajnani]

Somewhere Rbi also kept neglecting the check of audits correctly .even that also resulted in Pmc scam
Now innocent depositors are stuck in this mess and nobody from the government is taking his or her charge on this .very sad
These culprits have already e-transfered this money to various other countrys banks
this will make Indian economy more worse
Cooperative sectors are effected the most bank fraud is a very big loop hole in our system.if not corrected now it will make India very poor

[spnsharesstudy]

If the CBS can be manipulated in one Bank it can also be done in any other Bank running on that system. Is any Bank safe for a depositor is the moot question. RBI cannot wash its hands off in the PMC Bank debacle. Now that several assets owned by the miscreant Wadhwans and their accomplices the Bank's top officials are seized let RBI take immediate steps to merge this Bank with one of the Banks say SBI and bring solace to the poor gullible depositors. The Finance Minister's press meet has not given any sort of comfort to the depositors. What the poor depositors are looking forward to is an immediate resolution to their pain.

[vvraghavan]

Our Prime Minister Sir is so busy till today he didn't uttered a single word in favour of PMC Bank fraud, I guess he think this bank is not in India, otherwise he would have definetely clicked his photos abd published on all the walls of nation.#RIP acche din...

[krishnaswamy]

Why, all CA's couldn't trace fraud..!?

[courierdot]

When we go to take loan they ask ....n no of question these people can take loan of any amount

[shubhampatel]

Sahara Credit Cooperative Bank Ltd already bankrupt not return money and cheating with invester govt ne roka bhi nahi aaj bhi deposit accept kar rahe hai

[arjunsingh]

Close your eyes and you can hear ranbir kapoor

[binaramani]

This bank was able to create thousands of fake accounts, kept the fraud secret from auditors and software, RBI. Modi hain tou sambhav hai🤣

[VilasMartandDeshpande]

PMC बँक घोटाले के बारमे मा. राहुल गांधी के खूबसूरत वैचारिक भाषण सुनेने लायक है

[kavaljeet]

🙏🙏🙏🙏 please give money back immediately