Don’t miss the latest developments in business and finance.

Senior bank official, eight others arrested for fraud

Image
Press Trust of India Muzaffarnagar
Last Updated : May 21 2015 | 1:07 PM IST
Two persons have been arrested for allegedly transferring Rs 1.8 cr from an industrialist's account to another using forged signature in neighbouring Bijnor district, police said today.
In this connection, Assistant Bank Manager of Oriental Bank of Commerce Satender Kumar and his accomplice Kunal, a resident of Delhi, were arrested yesterday, Superintendent of Police Sarvan Kumar said.
The duo, along with several others, had illegally transferred Rs 1.8 cr from the account of an industrialist to another account using cheque with forged signature on February 28, he said.
The victim came to know about the transaction when he received a SMS alert, following which he immediately filed a complaint with the police, they said.
The SP said seven others have already been arrested in the case.

More From This Section

First Published: May 21 2015 | 1:07 PM IST

Next Story