RS 50-LAKH BANK FRAUD: 3 HELD, CASH RECOVERED
Bathinda July 13:
With the recovery of the amount and the arrest of a bank employee along with his two accomplice who were also his relatives, the district police claimed to have cracked the Rs 50 lakh bank fraud case, which had taken place at the Bank Bazaar branch of the Bank of India, Bathinda, on July 7.
As per the details procured, the alleged mastermind behind the fraud, Gurmel Singh, a peon-cum-record keeper with the Union Bank of India, Muktsar, along with his brother-in-law Gurmeet Singh of village Sahuke in Moga , who is a health officer, and his son Sukhwinder Singh, prepared a fake pay order (banker’s cheque) and affixed the bank seal on it.
Disguising himself as Rajinder Singh, a cashier of the Union Bank of India, Muktsar, and his son as a gunman of the bank, Gurmeet Singh submitted the pay order at the Bank of India, Bank Bazaar, Bathinda, and took the amount of Rs 50 lakh. The next day, when the bank officials sent the cheque for clearance, the Union Bank of India authorities detected the fraud. Then on July 9, the zonal manager of Bank of India, V.K. Aggarwal, lodged a formal complaint with the Kotwali police, Bathinda.
The police team comprised SP (D), ASP (city) and SHOs of police stations concerned. They cracked the case just three days later. SSP Ashish Chaudhary said Rs 33,60,000 was found deposited in the HDFC account of Gurmeet. The pass book has been recovered and the account has been frozen. The rest of the amount, Rs 7,40,000 from Gurmeet, Rs 1 lakh from Sukhwinder and Rs 8 lakh from Gurmel, have been recovered in cash. In addition to the cash, 21 rubber stamps of the bank have also been recovered.
Answering a query regarding negligence of bank employees, he said banks were regularly dealing with excess cash but now have been ordered to initiate departmental inquiry into the case. A criminal case had been registered under relevant sections of the IPC. The three are in police remand till July 15 for further interrogation. Police sources confirmed that the three was planning to earn easy money by investing the money in property related business.
Bathinda July 13:
With the recovery of the amount and the arrest of a bank employee along with his two accomplice who were also his relatives, the district police claimed to have cracked the Rs 50 lakh bank fraud case, which had taken place at the Bank Bazaar branch of the Bank of India, Bathinda, on July 7.
As per the details procured, the alleged mastermind behind the fraud, Gurmel Singh, a peon-cum-record keeper with the Union Bank of India, Muktsar, along with his brother-in-law Gurmeet Singh of village Sahuke in Moga , who is a health officer, and his son Sukhwinder Singh, prepared a fake pay order (banker’s cheque) and affixed the bank seal on it.
Disguising himself as Rajinder Singh, a cashier of the Union Bank of India, Muktsar, and his son as a gunman of the bank, Gurmeet Singh submitted the pay order at the Bank of India, Bank Bazaar, Bathinda, and took the amount of Rs 50 lakh. The next day, when the bank officials sent the cheque for clearance, the Union Bank of India authorities detected the fraud. Then on July 9, the zonal manager of Bank of India, V.K. Aggarwal, lodged a formal complaint with the Kotwali police, Bathinda.
The police team comprised SP (D), ASP (city) and SHOs of police stations concerned. They cracked the case just three days later. SSP Ashish Chaudhary said Rs 33,60,000 was found deposited in the HDFC account of Gurmeet. The pass book has been recovered and the account has been frozen. The rest of the amount, Rs 7,40,000 from Gurmeet, Rs 1 lakh from Sukhwinder and Rs 8 lakh from Gurmel, have been recovered in cash. In addition to the cash, 21 rubber stamps of the bank have also been recovered.
Answering a query regarding negligence of bank employees, he said banks were regularly dealing with excess cash but now have been ordered to initiate departmental inquiry into the case. A criminal case had been registered under relevant sections of the IPC. The three are in police remand till July 15 for further interrogation. Police sources confirmed that the three was planning to earn easy money by investing the money in property related business.
