Man arrested for stealing cash meant to be loaded in ATMs

Image
Press Trust of India Thane
Last Updated : Sep 07 2017 | 11:48 AM IST
The Thane police have arrested a cashier with a cash-handling company which services ATMs for allegedly embezzling around Rs 50 lakh in the past six months.
Roshan Patil (29), resident of Mhatradi in Diva area, was arrested under section 408 of the IPC (criminal breach of trust by clerk or servant) by Manpada police from Dombivli in the district yesterday.
The company, in its complaint, had said that from time to time Patil used to syphon off part of the money which was supposed to be loaded in ATMs.
The theft came to light during an audit as the actual cash loaded in ATMs of various banks serviced by the company in the last six monnths fell short of Rs 49.9 lakh against entries in the accounts.
The money that was embezzled was mainly in the denomination of Rs 2,000, police said. Further probe is on.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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 07 2017 | 11:48 AM IST

Next Story