Over Rs one crore swindled from private bank ATMs

Image
Press Trust of India Allahabad
Last Updated : Jan 24 2013 | 2:11 AM IST

Officials of an Axis Bank's branch in the area registered a police complaint last night claiming that Rs 1.16 crore had been stolen from nearly half a dozen ATM outlets in various parts of the city and on the outskirts, police said.

The bank officials alleged that a man named Bhupesh Kumar, who used to load cash into the ATMs of the bank, on Wednesday suddenly went missing and switched off his mobile phone.

This raised suspicion among the bank officials, who started checking bank records.

The bank officials found that over the past few weeks, Kumar had been collecting cash from the bank's Civil Lines branch and showing in records that the same had been loaded into the assigned ATMs, while he swindled away the money, police said.

A search is on to nab Kumar, who has apparently fled the city, 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: Jul 14 2012 | 5:05 PM IST

Next Story