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16 Oct 2019, Edition - 1555, Wednesday

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Coimbatore

Case filed against bank manager for fraud

Covai Post Network

Image credit : Illustrative Image

A case has been registered against the manager of a private bank in the city for allegedly cheating an NRI couple to the tune of Rs. 63 lakhs.

According to police, Dr. Saravanan and his wife Kavitha who reside abroad, had given a few signed blank cheques to the bank manager, Vivek Raj, to make some local payments. However, Vivek had used the cheques to transfer money to his wife Nithyapriya’s account (between August 22, 2014 and April 12, 2017).

The NRI, who checked the bank transactions only recently, were shocked to find Rs. 63 lakhs transferred to an unknown person’s account.

They immediately lodged a complaint with the city police, who have registered a under Sections 403, 467, 468 and 420 of Indian Penal Code. Investigations are on.

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