ABSCONDING ACCUSED IN A CASE RELATING TO CHEATING DENA BANK TO THE TUNE OF Rs. 3.06 CRORE(APPROX) ARRESTED BY CBI

Press Release
New Delhi , 21.06.2013

            The Central Bureau of Investigation arrested an accused who was absconding for last 10 years in a bank cheating case. The arrest was made near Delhi recently.

 

            It was alleged that the absconding accused in conspiracy with other persons cheated Dena Bank to the tune of Rs.3.06 Crores(approx). He opened a current account in Dena Bank, Shreenagar branch, Thane(Maharashtra) in the name of a private firm and fraudulently arranged to send remittance to Dena Bank, Shreenagar Branch, Thane through Telegraphic Transfer (TT) for Rs.14,45,500/- to the account of his firm which was purportedly received from Dena Bank Medhasan Branch, Gujarat. While in fact, no such TT was issued by Medhasan Branch. He had withdrawn an amount of Rs.5,50,000/- in cash and had made a FDR of Rs.1,00,000/-. His last known address was of Mumbra, Mumbai.

 

            After meticulous efforts, CBI traced him and arrested him.

 

            Further investigation is continuing.

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