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Suspect in cheating case nabbed after 19 yrs

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Press Trust of India Chennai
After evading arrest for 19 years, an accused in a bank cheating case has been held by the CBI.

Diwakar Gupta had been absconding since registration of a case in 1996 and was arrested by the CBI Enforcement Offences Wing, an official release said.

The case refers to a fraud committed in Bank of India causing loss of Rs 87.65 lakh, by allegedly stealing Demand Drafts issued by forging signatures of bank officials in favour of city-based firm KS Computers.

The proprietor of KS Computers, Selvam subsequently encashed the money.

Four persons had already been arrested in this connection and a look out notice was issued to arrest Gupta, it said.
 

CBI officials recently arrested Gupta at Noida in Uttar Pradesh and he was remanded to judicial custody.

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First Published: Jan 05 2016 | 9:07 PM IST

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