Press Esc to close
Monday 22 September 2014
News updated at 11:39 AM IST
Weather
Max: 28.3°C
Min : 19.8°C
In Bangalore
Sunny day

Two SBI officials among eight held in fake cheque scam

Patna, May 3, 2013,(IANS):

 Bihar police have arrested eight people, including two officials of the State Bank of India, for their alleged involvement in withdrawing cash running into crores of rupees from government accounts using forged cheques, officials said Friday.

Additional Director General of Police (Headquarters) Ravinder Kumar said that the Economic Offences Unit (EOU) of the state police have busted an inter-state gang and arrested eight of its members.

"EOU have arrested eight people, including kingpin Sunny Priyadarshi, from Patna, two from New Delhi and one from Kolkata in this connection," he said.

Kumar told IANS that more arrests were likely, both within the state and in other states of the country, in connection with this case.


EOU Inspector General Praveen Vashista said that the two arrested SBI officials were Surendra Tiwary, an assistant at Patliputra SBI branch in Patna, and Prashant Kumar, employed with the Lajpat Nagar branch of the bank in New Delhi.

"The bank officials got 10 percent share of the money withdrawn with the fake cheques," the police officer said.

Explaining the modus operandi of the gang, Vashista said that they would open several bank accounts with fake identity papers, in locations across the country. Fake cheques would then be presented for encashment.

Around 50 cheques were deposited each month by the gang, each for Rs.4 lakh or Rs.5 lakh, the police officer said, adding that the racket had been going on for about three years.

"After the amount came to the account, it was immediately drawn via cheques and ATMs in different cities," he said, explaining that the gang had a success rate of about 50 percent.

The EOU team recovered 13 fake cheques, including seven bearing the forged signature of the district development commissioner of Gopalganj district in the state, and six forged signatures of the child development project officer, Danapur, Patna district.

Vashista said that a case was lodged against 15 people on the basis of of Priyadarshi's confessions.

He said that the EOU was probing this gang's links with other such gangs in the country.

Go to Top

Photo Gallery
IMAGE DISTRIBUTED FOR AVAAZ - More than 100,000 people march through midtown Manhattan on Sunday...

IMAGE DISTRIBUTED FOR AVAAZ - More than 100,000 people march through midtown Manhattan on Sunday...

A man carries an inflatable earth balloon along West 72nd Street during the People's Climate...

A man carries an inflatable earth balloon along West 72nd Street during the People's Climate...

Actor Leonardo DiCaprio takes part in a march against climate change in New York, September...

Actor Leonardo DiCaprio takes part in a march against climate change in New York, September...

Children march during a rally against climate change in New York September 21, 2014. An...

Children march during a rally against climate change in New York September 21, 2014. An...

People dance during a rally against climate change in New York September 21, 2014. An...

People dance during a rally against climate change in New York September 21, 2014. An...

China's Yi Siling competes during the Women's 10m Air Rifle shooting competition at the 17th...

China's Yi Siling competes during the Women's 10m Air Rifle shooting competition at the 17th...

Japan's Ryosuke Irie center, launches off the blocks during the start of his men's 50m...

Japan's Ryosuke Irie center, launches off the blocks during the start of his men's 50m...

Indian squash players Dipika Pallikal and Joshna Chinappa during their (women singles)...

Indian squash players Dipika Pallikal and Joshna Chinappa during their (women singles)...

India's Ayonika Paul competes during the Women's 10m Air Rifle shooting competition at the...

India's Ayonika Paul competes during the Women's 10m Air Rifle shooting competition at the...

Myanmar's Phyu Phyu Than, top, kicks a ball as Laos's Koy Xayavong  front, blocks during...

Myanmar's Phyu Phyu Than, top, kicks a ball as Laos's Koy Xayavong front, blocks during...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bangalore - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523