CBI Arrests Woman Accused of Rs.12.63 Crore Bank Fraud After 7 Years on the Run
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The Central Bureau of Investigation (CBI) has arrested Nasreen Taj, a woman who had been missing for nearly 7 years in connection with a major bank fraud case involving Syndicate Bank. She was declared a proclaimed offender, which means the court had officially declared her as someone deliberately avoiding arrest.
Syndicate Bank has been merged now with Canara Bank.
This case began back in 2009, when the CBI registered a complaint against several people, including the then Branch Manager of Syndicate Bank’s Mandya Branch, Mr. Asadullah Khan, and eight others. They were accused of working together to cheat the bank and cause a loss of ₹12.63 crore.
Nasreen Taj, who had no known source of income, was found to have fraudulently taken a loan of ₹1.2 crore (Temporary Overdraft) and additional farm loans worth ₹55 lakh with the help of her husband and others. Instead of using the farm loan money for agricultural work, she used it to repay the earlier overdraft — which violated loan rules.
The CBI filed the charge sheet in 2010, listing her as a main conspirator. However, she did not attend court hearings and went into hiding in 2019. Several arrest warrants were issued against her, but she remained untraceable. In 2021, the court even ordered her property to be seized.
Nasreen Taj had cut ties with her family and friends, frequently changed her residence, and even changed her name to “Salma” to hide her identity. She had also misled her neighbors and employer about who she really was.
After years of effort, the CBI finally managed to locate her using advanced digital tools, identity databases, and field investigations. By analyzing her digital footprint — like her online activity — they were able to track her down in Bengaluru. She was arrested on 19 July 2025 and presented in court, which sent her to judicial custody for further trial.
This case proves that modern technology and patient investigation can help law enforcement agencies track down even long-absconding criminals. The CBI’s hard work paid off in bringing the accused back to face justice.