ATM looter used loot money to buy buses, cars!

Bhubaneswar: Commissionerate police today arrested an ATM looter, who invested the looted money in buses and cars, and seized two buses, a car and Rs 60,000 cash from his possession. The accused, identified as Madhab Acharya, a resident of Kendrapara, had invested the illegal money in bus business. “He bought two buses and a car […]

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Bhubaneswar: Commissionerate police today arrested an ATM looter, who invested the looted money in buses and cars, and seized two buses, a car and Rs 60,000 cash from his possession.

The accused, identified as Madhab Acharya, a resident of Kendrapara, had invested the illegal money in bus business. “He bought two buses and a car with the looted money. These vehicles have been seized along with Rs 60,000 cash. Investigation is in progress and we may come across more funds and assets that he has created out of this,” police commissioner YB Khurania said.