Stay vigilant against risk of cheque fraud

Mansinghka had been remiss in allowing a stranger to write the cheque. Disappearing magic ink was used which allowed the fraudsters to alter amount and payee name

Sanosh Mansinghka of Mansinghka Agencies held a current account with Bank of India. He issued a cheque dated August 28, 2015 for Rs 399 payable to Dainik Bhaskar. He handed it over to some persons who claimed to have been deputed to collect subscription for the newspaper.

This cheque was encashed, but the amount debited was Rs 495,000 and payment was made to one Suresh Kumar Meena. On learning about the fraud, Mansinghka lodged an FIR at the Bhilwara Police Station on August 28, 2015. He also made a representation to Bank of India.

Mansinghka later followed up with an