Bank manager, cashier booked for 1.8cr fraud

Agra: An FIR has been registered against the branch manager and cashier of Indian Bank's Jasrana branch in Firozabad district for allegedly misappropriating Rs 1.8 crore from 60 customers' accounts.
The irregularities surfaced on March 19 when a customer, Amit Gupta, reported a discrepancy between his deposit and the balance shown in his account. Soon after, several other customers lodged similar complaints, prompting an internal investigation. The allegations were prima facie established, leading to the suspension of branch manager Raghvendra Singh and cashier Jaiprakash Singh.
On Thursday afternoon, Indian Bank's zonal officer, Tarun Kumar Bishnoi, met Firozabad's SSP, Saurabh Dixit, and submitted a complaint. An FIR was subsequently filed under sections 316(5) (criminal breach of trust) and 318(5) (cheating and dishonesty), among others.
"We are reviewing each affected customer's complaint and have assured them their money will be restored," Bishnoi said.
Jasrana SHO Sher Singh said an investigating officer is examining the case and gathering evidence. "The accused will be apprehended soon," he added.