Hero Group Citibank Fraud
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Statement issued by Hero Group on Citibank fraud
The Hero Group on Friday acknowledged that it invested close to Rs 29 crores in schemes suggested by Shivraj Puri, the Citibank executive who is believed to have pulled off a 300-core scam at the Gurgaon branch of the bank. However, the group clarified that its flagship company, Hero Honda Motors, had not been impacted by the scam.They issued the f...
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Hero Group firms victim of Citibank fraud
A leading corporate house Hero Group is a victim of the alleged Rs 300 crore Citibank fraud, says the conglomerate, but did not disclose details of financial involvement. "Some of the Hero Group entities, along with some others, are victims of the fraud conducted through one of the Citi branches in Gurgaon," Hero Group said ...
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Statement issued by Hero Group on Citibank fraud
The Hero Group on Friday acknowledged that it invested close to Rs 29 crores in schemes suggested by Shivraj Puri, the Citibank executive who is believed to have pulled off a 300-core scam at the Gurgaon branch of the bank. However, the group clarified that its flagship company, Hero Honda Motors, had not been impacted by the scam.They issued the f...
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Hero Group firms victim of Citibank fraud
A leading corporate house Hero Group is a victim of the alleged Rs 300 crore Citibank fraud, says the conglomerate, but did not disclose details of financial involvement. "Some of the Hero Group entities, along with some others, are victims of the fraud conducted through one of the Citi branches in Gurgaon," Hero Group said ...
