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India
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Jun 25, 2025
CBI captures fugitive after 4-decade pursuit
After more than 40 years on the run, Satish Kumar Anand has been arrested by the CBI in North Delhi for a major bank fraud dating back to 1977.
Anand was convicted in 1985 for cheating Bank of India out of ₹5.69 lakh by forging documents and working with the branch manager—but disappeared before serving his sentence.
TL;DR
How Anand tricked the bank
Anand used fake receipts to get a loan for a private company, causing big losses for the bank.
Though he got five years in jail, he vanished soon after conviction and was officially declared an absconder in 2009.
The CBI kept up its search and finally brought him before a special court this week, closing one of its longest-running cases involving forgery and criminal conspiracy at a national bank.