ED arrests Vijay Chaudhary

Delhi MAY 4: There is a growing trend of people duping the banks.
These high profile people just take loans from the banks and they divert the money to foreign and they just don't repay the loan.

We have seen famous Mallya has escaped to London after duping banks.

Yesterday another similar case has emerged in Mumbai.

The Enforcement Directorate ED officers have arrested Vijay M Chaudary for not paying the loans to banks.The

ED had issued a statement saying that he has taken Rs 2500 crores as a loan from 25 banks and didn't pay even a penny.

Officials say that he was arrested under the PMLA act.

Finally, ED attaches his property.