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View Full Version : Hero admits 28.75cr exposure in Citi fraud - Economic Times



FraudNews
01-01-2011, 01:17 AM
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The Hindu (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE_Y-JVoyqBm8TDV0L6MuEK0_UJYg&url=http://www.thehindu.com/news/national/article1019028.ece)
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Hero admits 28.75cr exposure in Citi fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGrgR79GC9tQ2y5qqr6jwAXktyx8Q&url=http://economictimes.indiatimes.com/news/news-by-industry/banking/finance/banking/hero-admits-2875cr-exposure-in-citi-fraud/articleshow/7199272.cms)
Economic Times
28.75 crore in Citibank&#39;s estimated Rs 300 crore fraud. A Hero Group statement, however, said its flagship company Hero Honda has no involvement in these ...
Citibank fraud: More cos may have been duped (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHArGXVBoqIisuNhveRZ2xvIXchVA&url=http://www.thehindubusinessline.com/2011/01/01/stories/2011010152970101.htm)Hindu Business Line
Hero loses Rs 28 cr in fraud (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFQVZAT-ZMuPuGMrr811lAcgaks0A&url=http://www.deccanherald.com/content/125150/hero-loses-rs-28-cr.html)Deccan Herald
Citibank fraud: Hero Group CFO quizzed (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHOe1URV5en6Gq304eDdd2XWBHZwA&url=http://www.dnaindia.com/india/report_citibank-fraud-hero-group-cfo-quizzed_1488680)Daily News & Analysis
Business Standard (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEme4-8VsPRsKoncJ4ocCysHEGlBg&url=http://www.business-standard.com/india/news/rbi-starts-probe-into-citi-fraud/420327/) -Moneycontrol.com (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFjW3UQve95O1HEMwow6Sa3l_wFuQ&url=http://www.moneycontrol.com/news/business/hero-group-exposure-to-citi-fraud-rs-2875cr_509739.html) -Livemint (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNH3n-ScjPkoF9WzQ2FGm7l_eNLc8Q&url=http://www.livemint.com/2010/12/31235854/RBI-begins-probe-in-Rs300-cr-s.html?h%3DA1)
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