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Rs 1 crore fraudulently withdrawn from SBI a/cs

Source: PTI
August 11, 2010 15:42 IST
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Withdrawal of over Rs 1 crore (Rs 10 million) on forged documents has been detected from different accounts of customers of the State Bank of India, Mandi branch in Uttar Pradesh, officials said.

After receiving complaints from customers, their accounts were checked and fraudulent withdrawal of over Rs 1 crore has been detected so far, Bank Manager R S Verma said.

In the incident, the name of bank cashier, who is on leave, has surfaced, they said. Verma said he had apprised higher authorities about the incident and action would be taken after proper checking of all the accounts.

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