<p>"This process will happen over a period of time. We would like to thank our customers for their patience and co-operation," the bank said in a statement.<br /><br />"We have since been in contact with our impacted customers and are committed to safeguarding our customers' legitimate interests," it added.<br /><br />The global banking major said that it has been reconciling amounts involved with impacted customers to arrive at the compensation package.<br /><br />"We will also continue to support the investigating authorities fully until this matter is resolved and brought to its logical conclusion," the statement said.<br /><br />The bank has been in touch with its impacted customers and is fully committed to safeguarding their legitimate interests, it said in a statement here.<br /><br />"As we have stated earlier, we identified suspicious transactions at our Gurgaon Branch in early December and immediately reported the matter to law enforcement and regulatory authorities," the statement said.<br /><br />One of its employees, Shivraj Puri, is accused of luring 40 high net-worth individuals and corporate entities to invest in a bogus investment scheme on the pretext of high returns, while diverting the funds to the stockmarket.<br /><br />Victims of the fraud include big names such as the promoters of the Hero Group (Rs 250-crore) and Helion Advisors Managing Director, Sanjeev Aggarwal (Rs 33-crore).<br />Yesterday, Puri was remanded to 14 days judicial custody (till January 28) by a local court. He was initially taken into seven days police custody on December 30 last year <br />after the scam was detected.<br /><br />Later, the police remand of Puri was extended for six days on January 6 and then, subsequently, for two days on January 12.</p>
<p>"This process will happen over a period of time. We would like to thank our customers for their patience and co-operation," the bank said in a statement.<br /><br />"We have since been in contact with our impacted customers and are committed to safeguarding our customers' legitimate interests," it added.<br /><br />The global banking major said that it has been reconciling amounts involved with impacted customers to arrive at the compensation package.<br /><br />"We will also continue to support the investigating authorities fully until this matter is resolved and brought to its logical conclusion," the statement said.<br /><br />The bank has been in touch with its impacted customers and is fully committed to safeguarding their legitimate interests, it said in a statement here.<br /><br />"As we have stated earlier, we identified suspicious transactions at our Gurgaon Branch in early December and immediately reported the matter to law enforcement and regulatory authorities," the statement said.<br /><br />One of its employees, Shivraj Puri, is accused of luring 40 high net-worth individuals and corporate entities to invest in a bogus investment scheme on the pretext of high returns, while diverting the funds to the stockmarket.<br /><br />Victims of the fraud include big names such as the promoters of the Hero Group (Rs 250-crore) and Helion Advisors Managing Director, Sanjeev Aggarwal (Rs 33-crore).<br />Yesterday, Puri was remanded to 14 days judicial custody (till January 28) by a local court. He was initially taken into seven days police custody on December 30 last year <br />after the scam was detected.<br /><br />Later, the police remand of Puri was extended for six days on January 6 and then, subsequently, for two days on January 12.</p>