Baban Shinde, posing as a seer, arrested for defrauding ₹300 crore in Maharashtra, evading capture in Delhi & Nepal.

Baban Vishwanath Shinde, a man posing as a seer, was arrested in Vrindavan for defrauding over 2,000 people in Maharashtra of ₹300 crore ($40.4 million). He lured victims with promises of high interest rates on bank deposits while evading capture by hiding in various locations, including Delhi and Nepal. Shinde, previously chairman of a cooperative credit society, had been wanted for multiple fraud cases.

September 27, 2024
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