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Tuesday, October 11, 2011

91 booked for cheating bank of Rs 6.65 cr

Beed: Ninety-one people have been booked for allegedly cheating a city-based bank to the tune of Rs 6.65 crore, police said today.

The accused, who have been booked under various section of the IPC and the Public Deposits Security Act 1999, had allegedly cheated the Hina Shahin Co-operative Bank between April 2008 to March 2009, they said.

Police said that a director, deputy director, officials of the bank, pigmy agents and some accountholders helped some people to get loan without valid documents and by opening bank accounts under fictitious names.

Special bank auditor Dilip Chatirikar had filed a complaint with the police against the accused.

In all 91 persons were booked but no one has yet been arrested, police said, adding that further investigations are on.


Source: Financial Express

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