Chandigarh: Former bank employee arrested for fraud of Rs 62 lakh

Chandigarh: The UT police has arrested a former bank employee who duped a cash management company of Rs 62 lakh six years ago. Two more cases of cheating registered against the accused at Mani Majra police station in 2017 and 2018 are also being investigated, police said. Complainant Ajay Kahlon, deputy manager, M/s Brink India Pvt Ltd, Industrial Area, Phase II, said his company was engaged in cash management services and used to deposit cash collected from various customers in ICICI Bank’s branch at Mani Majra.

He alleged that on July 21, 2017, the bank informed that they did not receive cash of Rs 29.48 lakh and Rs 32.61 lakh deposited on July 3 and 7. The complainant alleged that Arun Saluja, who works as a wealth manager, had received the cash but did not deposit it in the bank. During investigation, the bank informed that the stamp used on the cash receipts by the accused was fake, police said. Arun alias Neeraj, a resident of Sector 21, has been arrested in this case. Police said that investigation is underway in two other fraud cases involving the accused.