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Porsche, BMW, Audi among 10 luxury cars, 3 super bikes seized in ₹1,396-crore bank fraud case
short by Ashley Paul / on Sunday, 31 August, 2025
Enforcement Directorate seized 10 luxury cars, including a Porsche Cayenne, Mercedes-Benz GLC, BMW X7 and Audi A3, along with three super bikes worth ₹7 crore during raids in a ₹1,396-crore bank fraud case. ED also seized ₹13-lakh cash, ₹1.12-crore jewellery and two lockers. The case pertains to fraud loans obtained from 2009-2013 by Indian Technomac Company by submitting forged DPRs.
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