MBA graduate held for swindling Rs 5 lakh from accounts

An MBA graduate employed with a top IT firm has been arrested for allegedly swindling over Rs five lakh from various bank accounts.
Vinodh Kumar (28), engaged in back office operations for various ATM card companies, was arrested yesterday for transferring Rs 5.93 lakh from various bank accounts to his account, a Central Crime Branch press release said.
Acting on a complaint, a special team formed by the CCB nabbed him from a house in Choolaimedu, it said.
Investigations revealed that Vinodh had transferred funds from other accounts to his account over the last one year.
"By transferring funds in small amounts online, Vinodh has transferred Rs 5.93 lakh to his account so far. When his supervisor came to know about it, he absconded," the release said.

Vinodh was produced before a local court and has been remanded to judicial custody.