HDFC Bank Scam Uncovered in Betul: Customers Accuse Employees of Embezzling Funds for IPL Betting
A major scam has come to light at the HDFC Bank branch in Betul district, Madhya Pradesh, with several account holders accusing bank employees of embezzling large sums of money from their accounts. The victims allege that fake documents were created to steal their funds, which were then allegedly used for IPL betting. So far, more than six account holders have filed complaints about the fraud, and investigations are ongoing.
According to the victims, the employees used various methods to siphon off their money, including fake credit cards, fixed deposits (FDs), self-issued cheques, and unauthorized online transactions. Some account holders reported that their funds were missing from FDs, while others discovered their accounts were empty, despite having deposited cheques and cash.
One customer shared their distressing experience, revealing that when they tried to withdraw Rs 5 lakh from their FD for their daughter’s wedding, they discovered the money was already gone. This incident has caused outrage among the affected customers, who are now demanding their money back.
As more people come forward with similar complaints, sources suggest that some bank employees might have been involved in using the stolen funds for IPL betting, though this remains unconfirmed. The customers have expressed frustration over their attempts to report the matter to the Ganj police station, where they claim no action was taken.
The affected account holders have now turned to the Collector’s office with their complaints. Officials have promised to investigate the matter and take appropriate action. The Betul branch of HDFC Bank has been previously embroiled in similar controversies, but no significant investigations have been carried out until now. The ongoing fraud has raised serious concerns about the integrity of the banking system, with many questioning the safety of their deposits.
The investigation is still in its early stages, and authorities have yet to confirm the full extent of the scam.
