Bhubaneswar: The Economic Offences Wing (EOW) on Friday arrested one person from Rourkela in connection with a cheque cloning fraud to the tune of Rs 2.87 crore.
The accused, identified as B. Murty Pillai, was arrested basing on the written complaint filed by Anjani Kumar Singh Azad, Chief Manager of Bank of India, Rourkela Branch.
It was earlier alleged that Pillai, a customer of Bank of India, Rourkela Branch by using a cloned cheque as original managed to avail Rs 2.87 crore from the bank and diverted the same for his personal use.
Crime Branch EOW arrests a person on charges of defrauding Rs 2.87 crore by producing a counterfeit cheque at Bank of India branch in Rourkela. Action taken based on a complaint by the chief manager of the bank. #Odisha
— OTV (@otvnews) January 8, 2021
During investigation it was found that the accused Pillai, who had a Cash Credit account at Bank of India (BOI), Rourkela Branch, deposited a Bank of India Cheque for Rs.2.87 crore, purportedly issued from the Account of M/s Karnataka State Co-operative Marketing Federation Limited (KSCMFL) on November 3, 20220.
The EOW officials said that the cheque was cleared by the branch officials and the cash was deposited in the above mentioned Cash Credit account of accused. However, later, on November 20 last year, BOI, Bangalore LCB branch intimated that the original Cheque No. 383054 is in the possession of its owner, M/s Karnataka State Co-operative Marketing Federation. As such, the cheque passed at BOI, Rourkela Branch is a fake one, EOW said in a statement.
It has also been revealed during investigation that soon after clearing of the fake cheque and deposit of Rs 2.87 crore in his account, accused transferred Rs 2.6 crore to the accounts of his own Company - BMP & Sons Construction Pvt. Ltd. maintained with ICICI Bank and Bank of India, Civil Township Branch, Rourkela on the same day, the EOW release read.
The rest amount (approx. 23 lakh) was transferred in separate instalments by the accused to the accounts of his close relatives between November 3 and 6 last year.
(Edited By Ramakant Biswas)