Bank hit by gold loan fraud of more than Rs 70 lakh according to more media reports

One of the problems living in goa, is how government employees are considered respectable and honest, though they may cheat and are liars, while, private citizens are considered not respectable, cheaters, without any proof at all.The google, tata sponsored goan gsb fraud raw/cbi employees housewife riddhi nayak who looks like actress kangana ranaut, siddhi mandrekar, sunaina chodan, naina, asmita patel are some of the extremely powerful fraud liar government employees

The latest fraud reported in the goan newspapers, the gold loan fraud of more than Rs 70 lakh, wherein customers pledged gold with bank of india, to get loans, and then did not repay the gold loans. When the bank tried to auction off the gold, the bank was told that the jewelry was not gold.
According to newspaper reports, the bank had relied on their trusted valuer, one mr lotlikar, who certified the value of the jewelry, falsely claiming that it was gold.
Multiple branches of the bank have been affected by the gold loan fraud, for loans taken between 2017 and 2018. The media reported that many of those involved in the fraud are respectable members of society, including government employees, so the bank is very surprised.

This also exposes the misplaced priorities of the intelligence and security agencies in goa, they are hounding harmless private citizens, with almost no income for more than 9 years, without any proof, monitoring all their activities, while gold loan fraudsters looting banks are allowed to do whatever they wish, though they are cheating banks