Saturday,May 10
Mangalore: Major fraud by ATM cash loading staff detected; 2 arrested
Mangalore Today News Network
Mangalore, May 7, 2013: A major case of defraud by staff hired by a private bank to load cash to its ATMs has been unearthed. As per reports, as much as Rs 48.5 lakhs had been thus withdrawn by the staff using the secret locks, during night time from the ATMs after disabling the CC Camera inside the centres.Two persons have been arrested.
The fraud was detected when the ICICI bank as well as the Global Management Company of Bangalore. hired by the Bank, during audit found a mismatch in the cash in the ATMs and the amount mentioned in the record books.
The fraud was detected when the ICICI bank as well as the Global Management Company of Bangalore. hired by the Bank, during audit found a mismatch in the cash in the ATMs and the amount mentioned in the record books.The detailed investigation revealed that two persons Gautam and Anilraj hailing from Mangaladevi and employees of Global Management Company were the accused. They were resorting to such acts during night time in unguarded ATMS since the past ten months.
The two have been arrested by the Bunder police. It is learnt, the Global Management Company headquartered in Mumbai instructed the local branches on the amounts to be loaded to ATMs and the personnel thus visited the ATMs to load the cash.