
In a significant development, an IT manager who allegedly embezzled lakhs of rupees by issuing duplicate ATM cards has been arrested. The accused, Uttam Kumar, held the position of Junior IT Manager at Patliputra Cooperative Limited Bank.
Illegal Withdrawals Uncovered
Gandhi Maidan SHO Arun Kumar revealed that Uttam Kumar, while working at the bank’s Khalsa College branch in Delhi University’s north campus, withdrew a staggering ₹65 lakh from dozens of customers’ accounts using unauthorized means.
Police Action and Seizures
The police, in a raid at Uttam Kumar’s rented residence in Agamkuan, seized two ATM cards. The investigation revealed that Kumar had been involved in this fraudulent activity for over a year. Despite his acceptance of complicity, the police are actively pursuing the case to determine if other individuals were involved.
Modus Operandi and Confession
During the interrogation, Uttam Kumar disclosed that he issued duplicate ATM cards for customers and withdrew money without their knowledge. The fraudulent transactions spanned more than a year, affecting numerous customers and resulting in withdrawals exceeding ₹65 lakh.
Bank’s Response and Ongoing Investigation
The bank management initiated an inquiry upon discovering the discrepancy when a customer reported a substantial withdrawal despite not having an ATM card. The ongoing police investigation aims to ascertain whether the cunning accused acted alone or had accomplices.
Legal Consequences and Future Actions
Given the seriousness of the charges, the police have arrested Uttam Kumar and sent him to jail. Further legal actions and a comprehensive investigation are underway to determine the full extent of the fraud and hold all responsible parties accountable.