Bank employee arrested for duping customer of Rs 60 lakh

Image
Press Trust of India Palakkad (Ker)
Last Updated : Sep 29 2014 | 7:06 PM IST
: A 27-year-old bank employee, who allegedly duped a man of Rs 60 lakh by withdrawing the money from his account in an SBI branch in Tamil Nadu without his knowledge, was arrested from Shornur, about 45 km from here today.
Police said the man transferred the money from the customer's account using the clerical staff's password.
Tamil Nadu police had issued a look-out notice against the man, hailing from nearby Kulappulli.
He will be handed over to Tamil Nadu police, police said.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 29 2014 | 7:06 PM IST

Next Story