Kendrapara: Manager of a private bank allegedly defrauded customers of lakh of rupees on the pretext of sanctioning loans at low-interest rates in the Kendrapara district.
The bank manager identified as Manmohan Mohanty collected bank cheques from the customers as documents for loans. Later, he used the cheques and debited funds from customers’ accounts in a fraudulent manner.
The matter came to fore after the proprietor of Jagannath traders at Saanta Sahi under town police limits in the district lodged a complaint with police. He alleged that the manager had withdrawn Rs 13 lakh from his bank account using cheques which he had given him for sanction of loans.
Based on the complaint, the police registered a case and started an investigation. During the course of inquiry, police found that the manager had cheated a number of people in a similar manner.
“He is a manager of a private bank. He used to collect Bank cheques from customers on the pre-text of sanctioning loans. He later defrauded customers of lakhs of rupees using the advance cheques,” said Saiman Lakra, investigating official at Kendrapara town police station.
The complainant fell prey to the fraud of Rs 13 lakh. The accused manager also cheated many other customers in such manner. The manager swindled around Rs 50-60 lakh from the gullible customers, he added.
Police raided several places in and outside Kendrapara and nabbed the accused from Bhubaneswar.
“We have arrested him and will forward him to court today. More investigation is underway to find out the involvement of others in the fraud,” Lakra added.