UP Mudra Loan Scam: Union Bank manager arrested in Mudra loan scam, used to run network of fraud worth crores in this way

Lucknow. UP STF has arrested Union Bank of India branch manager Nitin Chaudhary, Branch Manager, Union Bank of India, who had committed a scam of crores of rupees in the Mudra Loan Scheme through fake documents. According to STF ASP Vishal Vikram, accused Nitin Chaudhary is originally a resident of Azamgarh. Presently posted in a bank in Delhi. Mobile phone, Aadhar card, credit card, metro card and cash have been recovered from him.

Read :- UP RTE Admission: Now children of tenants will not get admission under RTE rules, applications will start from tomorrow.

Investigation revealed that it was run by an organized gang, which included people making fake documents along with bank employees. The gang grabbed crores of rupees by fraudulently passing Mudra loans in the name of about 100 people. During interrogation, the accused told that by editing the photos on people’s Aadhaar and PAN cards, photos of other people were used and loans were passed by creating fake companies in their names. The loan amount was transferred to fake accounts created by the gang and distributed among themselves.

STF has already arrested four accused in this case. The gang’s mastermind Aamir Ehsan was caught in February 2026.