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Crime
CBI Files Fraud Case Against Future Retail Over Rs 904.32 Crore Allegations
✍️ BW Police World
🗓 12 Nov 2026, 05:40 AM
👁 9
The Central Bureau of Investigation has registered a case against retail conglomerate Future Retail in connection with an alleged bank fraud amounting to Rs 904.32 crore.
The Central Bureau of Investigation (CBI) has registered a case against the retail conglomerate Future Retail in connection with an alleged bank fraud involving the sum of Rs 904.32 crore.
According to the filing, the company is accused of engaging in fraudulent transactions that have led to the misappropriation of a large amount of money from banks. The case is being investigated under the provisions of the Indian Penal Code and the Prevention of Money Laundering Act.
Future Retail has not yet issued a statement regarding the allegations. The company’s response, if any, will be awaited by the investigative agency.
The CBI has indicated that it will conduct a thorough investigation to ascertain the facts and gather evidence related to the alleged fraud. The case is now part of the bureau’s ongoing efforts to curb financial crimes in the country.
According to the filing, the company is accused of engaging in fraudulent transactions that have led to the misappropriation of a large amount of money from banks. The case is being investigated under the provisions of the Indian Penal Code and the Prevention of Money Laundering Act.
Future Retail has not yet issued a statement regarding the allegations. The company’s response, if any, will be awaited by the investigative agency.
The CBI has indicated that it will conduct a thorough investigation to ascertain the facts and gather evidence related to the alleged fraud. The case is now part of the bureau’s ongoing efforts to curb financial crimes in the country.