Canara Bank faces protest as crores Defrauded from small traders in Barabazar | Watch Report

A major fraud scheme has come to light in Barabazar, where small traders have allegedly been swindled out of significant sums of money under the guise of recurring deposits. The fraudulent activity transpired at the Barabazar branch of Canara Bank, leaving numerous traders in financial distress.

- Substantial Fraud Uncovered: Small traders in Barabazar have fallen victim to a scam in which their cash, supposedly intended for recurring deposits, was not deposited into their bank accounts as promised. The magnitude of the fraud is estimated to be in crores of rupees.

- Bank Denies Withdrawals: As the scam came to light, affected customers approached Canara Bank to retrieve their funds, but the bank management has refused to facilitate these withdrawals. This has left the traders in a precarious financial situation and has sparked outrage among the victims.

- Protests Erupt: In response to the bank's refusal to release their money, local councilor Mahesh Sharma has taken the lead in organizing an indefinite strike in front of the Barabazar branch of Canara Bank. Traders and residents have joined the protest, demanding the return of their hard-earned money and accountability for the alleged fraudulent activities.

The unfolding scam in Barabazar has shaken the trust of small traders in the local banking system, prompting widespread protests and calls for swift action to address the issue and provide relief to the affected individuals.

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