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Latest News14 Jul 20263 min readBy Sarkari247 Editorial Desk

Bhopal Scholarship Scam: CBI Books College Director

The CBI has registered two major fraud cases in Madhya Pradesh involving scholarship theft and fake insurance claims. **Bhopal Scholarship Scam** affects many students.

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Bhopal Scholarship Scam: CBI Books College Director

The Central Bureau of Investigation (CBI) has registered two serious fraud cases in Madhya Pradesh. One case is linked to the misuse of government scholarship money meant for MBA students in Bhopal. The second is related to fake motor insurance claims that caused a loss of more than Rs 4 crore.

Bhopal Scholarship Scam: Overview

Authority / BoardCentral Bureau of Investigation (CBI)
Vacancy/Post NameNot Applicable
Advt No. / CycleNot Applicable
Selection ProcessInvestigation
Official Websitecbi.gov.in

Important Dates & Schedule

EventDate
Fake accounts opened2020-2021
Fake insurance claims filed2021-2024

Scholarship Scam Details

The CBI has booked seven people including the officials of the Academy of Management College Bhopal and UCO Bank. The accused include Senior Branch Manager Prema Verma, college director Vinay Malhotra, his brother Aditya Malhotra, assistant professor Manoj Jain, and college employee Ram Singh Verma. According to the FIR, 118 savings accounts were opened in the names of MBA students without their knowledge or consent during 2020 and 2021. Around Rs 99.48 lakh in government scholarship money was then sent into these accounts and was allegedly taken away illegally.

Fake Insurance Claims

In a separate case, the CBI booked three private persons from Gwalior named Avdesh Parmar, Shailedar Singh Parmar, and Manraj Prajapati. They were accused of cheating the New India Insurance Company Ltd. Bhopal through fake motor own damage claims filed between 2021 and 2024. The agency said claims worth Rs 4.30 crore were wrongly processed for the same vehicles with the help of vehicle owners, drivers, garage owners, surveyors, spare part sellers, and unknown public servants.

Frequently Asked Questions

Q: What is the Bhopal Scholarship Scam?

A: The Bhopal Scholarship Scam involves the misuse of government scholarship money meant for MBA students in Bhopal. The CBI has booked seven people, including college officials and bank employees, for allegedly stealing Rs 99.48 lakh in scholarship money.

Q: How were the fake accounts opened?

A: The fake accounts were opened with forged signatures and false details. Proper KYC checks were not done, and bonafide certificates used to support the account opening were later found to be fake.

Q: What is the status of the investigation?

A: The CBI is currently investigating both cases, which may reveal a wider network of fraud. The agency has booked three private persons from Gwalior for cheating the New India Insurance Company Ltd. Bhopal through fake motor own damage claims.

Tags

#Bhopal Scholarship Scam#CBI Investigation#Scholarship Scam#Madhya Pradesh#MBA Students#UCO Bank#New India Insurance Company Ltd.

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