The Central Bureau of Investigation (CBI) on Wednesday filed a charge sheet before the Chief Judicial Magistrate - Coimbatore against a managing director, three directors and one former director of a Tiruchengode-based private firm in a cheating and forgery case.
The CBI had registered a case on February 23, 2016, against them and the firm dealing in the business of manufacturing CTD Bars/TMT Bars at Tiruchengode and unknown others on a complaint regarding the fraud to the tune of ₹42.17 crore (approx) to Indian Bank, Tiruchengode Branch.
Investigation showed that the accused, between 2008 and 2014, allegedly entered into a criminal conspiracy to cheat Indian Bank.
