Canara Bank employee in Kerala arrested for fraud

Date:

An employee in a Canara Bank branch in Kerala’s Pathanamthitta, missing for months after allegedly conducting fraud to the tune of over Rs 8 crore, has been arrested from Bengaluru by a Crime Branch team, police said on Monday.

Vijesh Varghese, who hails from the Kollam district, was missing for about three months before the police tracked him down from a rented flat in Bengaluru where he was staying in hiding with his wife and children, and arrested him on Sunday night.

After he went missing, bank officials had found out that he had been tinkering with accounts of customers and siphoning off money from them.

Initial probe revealed that Varghese was using the authorization passwords of his colleagues in the branch where he worked to commit the fraud and allegedly used this money to play in the share market and also play online rummy.

With the bank taking a serious note of the fraud, four staff members of the branch were suspended from service.

The police team will now start questioning Varghese and for that, he will be brought to the branch where he worked.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Popular

More like this
Related

Comprehensive Guide to DuoSpin Payment Methods: Secure and Convenient Options for UK Players

Explore secure and convenient payment methods for DuoSpin tailored for players in Great Britain.

Experience the Thrill: Live Casino Fun at 771 Now in the Netherlands

Experience the excitement of live casino gaming at 771, now available to players in the Netherlands!

Responsive Customer Support Services for GB Players at NV: The Ultimate Guide to Assistance and Channels at NV

Discover responsive customer support for GB players at NV - your ultimate guide to assistance and channels!

Swedish Player Insights: Exploring Live Dealer Games at LuckyDays Casino

Explore a Swedish player's take on live dealer games at LuckyDays Casino. Discover top games and unique features!