Multiple choice general knowledge

hey availed loans of crores of rupees on behalf of these fictitious societies. The scam was exposed in 1995. The accused created a fictitious cooperative society of cobblers to take advantage of government loans through various schemes. Sohin Daya, son of a former Sheriff of Mumbai, was the main accused in the multi -crore shoes scam. Daya of Dawood Shoes, Rafique Tejani of Metro shoes, and Kishore Signapurkar of Milano Shoes were arrested for creating several leather co-operative societies which did not exist

  1. none

  2. 2G

  3. Cobbler Scam

  4. CWG
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

The Cobbler Scam involved fake leather co-operative societies created to avail government loans. Sohin Daya (Dawood Shoes), Rafique Tejani (Metro Shoes), and Kishore Signapurkar (Milano Shoes) created fictitious cobblers' societies to exploit government schemes. The scam was exposed in 1995.

Keep practicing — related questions