On Friday, the Central Bureau of Investigation (CBI) arrested Rahul Gaur, son of Gaurson Real Estate Chairperson BL Gaur in a bank fraud case of Rs.80 crore. He has been charged for cheating banks like Bank of Baroda (BoB) and Syndicate Bank. Rahul Gaur owns a company Brys International Private Limited that took a total loan of Rs. 250 Cr. (Rs.150 Cr. from Bank of Baroda and Rs.100 Cr. from Syndicate Bank). The loan was taken to develop a high-end residential complex of 291 luxury flats in Noida’s Sector 150.
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