Bank Cashier Duped Customers of Rs 1.5 Crore, Took money from customers, left job and fled away
In a shocking case of fraud, a cashier from Baroda Bank in Kadian, Gurdaspur, allegedly cheated customers of ₹1.5 crore by luring them with a fake scheme offering unusually high interest rates. The accused, identified as Taljinder Singh, fled after duping multiple individuals, leaving them without receipts or their deposited funds.
Fake Scheme Promised 20% Annual Interest
Taljinder Singh reportedly enticed customers with a fraudulent scheme, claiming it offered 20% annual interest on deposits of ₹1 lakh. He falsely claimed that the scheme was exclusive to former bank employees and that he had a personal quota of ₹10 lakh under the offer. According to his claims, he had already transferred ₹6 lakh to his parents’ accounts and sought additional funds for the remaining ₹4 lakh quota. However, instead of providing receipts or crediting the funds into customer accounts, he pocketed the money.
Victims Demand Justice
The victims, including Kuldeep Kaur, Rajesh Kumar, and Ruhi, discovered the fraud when they questioned the bank about their deposits but received no clear answers. Frustrated and betrayed, they staged a protest outside the bank, demanding justice and accountability.
Bank Management’s Role Under Scrutiny
The role of the bank management has come under suspicion as the victims allege they are not receiving proper assistance or clarification about the matter. Bank officials confirmed that Taljinder Singh resigned from his job on December 29 but have not provided details on how such fraudulent activities could take place under their watch.
Funds Transferred to Wife’s Account
It has been revealed that the accused transferred a significant portion of the stolen funds to his wife’s account. Meanwhile, Taljinder Singh’s father has disassociated himself from the incident, claiming he does not live with his son and has no involvement in the case.
Next Steps in the Investigation
Authorities are now investigating the fraud and examining the bank’s internal procedures to determine how the scheme was carried out without detection. The victims continue to press for action, urging the police and bank management to recover their money and hold the accused accountable.
This incident has raised serious concerns about trust in banking institutions and highlights the need for stronger oversight to prevent such fraudulent schemes. The case is ongoing, and further developments are awaited.
