Panruti police have arrested three people, including the son of a former SBI manager, for fraudulently opening and selling State Bank of India
Tamil Nadu: Panruti police have arrested three people, including the son of a former SBI manager, for fraudulently opening and selling State Bank of India in Panruti.
We've heard a lot of people who make fake documents, fake gold, make fake banknotes.
Dummy branch
But most important of all, they have opened a fake branch of State Bank of India, a leading bank in Panruti.
Police have arrested three people, including the son of a former State Bank of India manager.
In the northern market area
The bank has a total of two branches in Panruti, one of which was a fake bank operating in the northern market area.
Following this, the bank manager informed the zonal authorities and informed the Panruti police
Following this, the arrested persons were identified as Gimmiku aged 52, Kumar aged 42 and Kamalpabu aged 19.
Fake a website
Syed, the father of the arrested Kamal Babu, was a former SBI manager who died of a heart attack while on duty, police said.
A further check of the bank on Friday revealed that the three accused had created a website with a few documents and forged documents and stamps on checks such as money deposits and withdrawals.
Money and jewellery
It is said that after the death of his father he struggled a lot for a job in the bank as a son but he could not get a job
Due to this, he is said to have set up a fake bank along with Kumar and Manikkam, however, the police said that no money and jewellery transaction took place at this fake branch.
Azhar in court
Since his father was a bank manager, it is said that the reason for this audacity was that everyone knew all the transactions of the bank and according to the final session 465 against these three,
Penalty for Fraud and 469, Harmful to a Friend Fraud 473, not making a stamp or keeping that stamp,
The three have been booked into local court on charges of damaging property and sentencing with intent to cause injury and are currently in custody.
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