Rs.870 crore Bassai Company fraud case; Court adjourned case

A case of fraud involving Rs.870 crore is registered by 1,433 people in Coimbatore. Following the completion of the witness hearing last week, the investigating officer was ordered to appear in court to testify. Inspector Stephen, who recorded the case, appeared in court. The case is adjourned till the 9th.


Coimbatore: The biggest fraud case in Coimbatore in which a loss of Rs.870 crore is incurred by investors, heard in the Coimbatore court is nearing completion. In this case the judge adjourned the hearing of the officer's testimony.

Bassi Trading India Pvt. Ltd. is an online financial institution operating in Tirupur. A case of fraud involving Rs.870 crore has been registered by 1,433 people in Coimbatore. The case was indicted and the investigation lasted for 10 years.

Following the completion of the witness hearing last week, the investigating officer was ordered to appear in court to testify. Inspector Stephen, who recorded the case, appeared in court. The case is adjourned till the 9th.

VIBGYOR High Coimbatore Hosts Voices of Tomorrow Show and Tell Competition

VIBGYOR High, Coimbatore, hosted preschoolers from schools across the city for its “My India, My Pride” Show...

Karpagam University Concludes Thiruppugazh Training Workshop by Indian Knowledge System

Karpagam Deemed University in Coimbatore hosted the valedictory ceremony of a Thiruppugazh training workshop organized b...

Karpagam Engineering College Celebrates 22nd Convocation: 1434 Students Awarded Degrees

Karpagam Engineering College in Coimbatore held its 22nd convocation on August 8, 2026. A total of 1434 students who com...

Coimbatore Corporation Officials Inspect Chlorine Levels to Ensure Drinking Water Quality

Coimbatore Corporation officials directly inspected chlorine levels in overhead water tanks and drinking water supplied...

Coimbatore Corporation Commissioner Inspects Development Works in North and South Zones

Coimbatore Corporation Commissioner Katta Ravi Teja inspected various development works including stormwater drain desil...

Coimbatore Corporation Commissioner Inspects Development Projects Across North and Central Zones

Coimbatore Corporation Commissioner Katta Ravi Teja conducted field inspections of underground drainage, drinking water...