8 lak Rs online fraud @ bank

Based on a complaint from officials of a nationalised bank, Central Crime Branch sleuths of Coimbatore City Police have unearthed a fraud, to the tune of Rs. 8.80 lakh, with the bank’s Singanallur branch.Investigations revealed that a temporary woman employee at the bank had siphoned the money off by transferring it from the account of the victim to three different accounts belonging to the bank employees, stealing the Personal Identification Number (PIN) and password of the customer from the computer systems.When a cheque was dishonoured, the customer Jagadeesan sought explanation from the branch manager for Rs. 40,000 that had gone missing from his account.

A thorough examination of the account transactions revealed that a sum of Rs. 8.80 lakh had been transferred from the said account of the victim to three different accounts in various strokes during the period of June 2006 to September 2007.This is a classic case to enlighten the customers on the need for keeping track of their bank balance and transactions rather than blindly going by the passbook entries, the police said.The Branch Manager preferred a complaint with the City Police Commissioner, C.K. Gandhirajan, who directed the City Crime Branch sleuths, led by Assistant Commissioner of Police K. Krishnan to investigate the case. Inquiries revealed that the culprit has been siphoning sums from home loan customers’ accounts, keeping track of the amounts released to these accounts from time to time.

The temporary woman employee under the pretext that she had forgotten to bring her ATM card and posing that she was in urgent need of money used to borrow money from her colleagues and transfer the amount to the colleagues’ accounts from the account of an identified victim.The branch manager has lodged a complaint with the City Crime Branch (CCB) of the Coimbatore City Police. The CCB had registered cases against the accused employees under Sections 468 (Forging documents), 471 (using forged documents as genuine for the purpose of cheating), 420 (cheating) of the Indian Penal Code besides Section 67 of the Information Technology Act.Involvement Police have arrested G. Rajeshwari (26), temporary employee of the bank, A. Palanikumar (32), S. Ravishekar (31) whose accounts were used for transferring the fund from the victim.The CCB sleuths also have suspect about the involvement of two bank officials since the duo had gone missing, ever since the case surfaced.Police officers opined that so far one person had come up with a complaint since he came to know of the fraud and anticipated that more such frauds could have taken place.

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