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CBI books Gaursons chief's son for cheating BoB, Syndicate Bank of Rs 80 cr

Gaursons chairman's son held for cheating Bank of Baroda, Syndicate Bank of Rs 80 Cr: CBI

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Security personnel stand guard outside the CBI headquarters, in Bengaluru | Photo: PTI

Press Trust of India New Delhi
Rahul Gaur, the son of real estate group Gaursons' chairman B L Gaur, and his wife Navneet have been booked by the Central Bureau of Investigation (CBI) for allegedly cheating Bank of Baroda and Syndicate Bank to the tune of Rs 80 crore in the name of a high-end residential complex planned by their firm Brys International Private Limited, officials said on Friday.

The company had taken a credit of Rs 250 crore (Rs 150 crore from the Bank of Baroda, Rs 100 crore from the Syndicate Bank) for developing a high-end residential complex comprising 291 luxury apartments at Sector