Axis Bank FD Fraud in Raipur: Deputy Manager Accused of Rs 14.97 Lakh Fraud, FIR Registered
A major banking fraud case has been reported in Raipur, Chhattisgarh. An employee of Axis Bank’s Devendra Nagar branch is accused of misappropriating around ₹14.97 lakh by illegally closing a customer’s Fixed Deposit (FD) before its maturity.
The police have registered an FIR against two people, including the bank’s Deputy Manager. The investigation is currently underway. The customer affected in the case has been identified as Sushma Kumar.
Mobile Number Changed Without Customer’s Consent
According to Ganj police, Sushma Kumar has an account at the Devendra Nagar branch of Axis Bank. It is alleged that on July 17, Deputy Manager Kuldeep Singh changed the mobile number linked to her bank account using a forged customer request form.
The mobile number was reportedly changed without the customer’s knowledge or permission. After this, the accused allegedly gained access to her account through the bank’s mobile banking app.
FD Closed Before Maturity
After gaining access to the account, the accused allegedly closed Sushma Kumar’s Fixed Deposit worth more than ₹14.40 lakh before its maturity. The FD amount was then credited to her savings account.
After adding the existing balance in the savings account, the total amount reached around ₹14.97 lakh. The entire amount was then transferred to the bank account of a private firm named Indian Sales, located in Gudhiyari.
Money Withdrawn Through Cheques and ATMs
The investigation found that Indian Sales is operated by Yogesh Yede. After the money was transferred to the firm’s account, the amount was reportedly withdrawn using cheques and ATMs.
Police are now examining the transactions to find out how the money was withdrawn and whether other people were involved in the fraud.
Fraud Discovered on August 7
The fraud came to light on August 7 when Sushma Kumar visited the bank and checked her account details. She then discovered the suspicious transactions and informed the bank management.
Following an internal investigation, the bank confirmed the irregularities. The branch manager subsequently filed a complaint at the Ganj police station.
The police have registered a case against Axis Bank Deputy Manager Kuldeep Singh and Yogesh Yede, the operator of Indian Sales.
