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Bank Fraud

Bank of India BC embezzles more than Rs 50 Lakh in Bahraich

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The BC operator of Bank of India in Salarganj area of Bahraich is accused of embezzling more than Rs 50 lakh from people.

According to the complaint, he took money from account holders and issued fake receipts, but did not deposit the money in the bank. Police have registered a case against the BC and launched an investigation.

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Shamshad, a resident of the Dargah police station area, was running a Bank of India kiosk centre. Women and other account holders deposited money into their accounts at this center in Salarganj. Many people also made fixed deposits through Shamshad.

On Wednesday, some account holders went to the bank to inquire about the amount deposited in their accounts. They discovered that the money had not been deposited.

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Meena, a resident of Salarganj, said the accused took 14 lakh rupees from her in the name of opening an FD, but did not deposit it in the bank. It is alleged that the deposits of several people were also siphoned off. The women have filed a complaint of fraud and sought justice from the District Magistrate. More details will be released soon.

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Hellobanker Team

Hellobanker.in is India's leading banking and finance news portal. Our expert team covers banking policies, RBI updates, financial markets, and investment insights.
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