Bank Official Arrested for Swindling Rs 1.26 Crore from Dormant Accounts

Saturday, 16 March 2024, 08:47

A bank official in Jammu and Kashmir's Reasi district was arrested for secretly withdrawing over Rs 1.26 crore from dormant accounts in the past three years. The arrest sheds light on the issue of internal fraud within financial institutions, highlighting the importance of robust monitoring systems to prevent such incidents. The case serves as a reminder for customers to stay vigilant and regularly monitor their bank accounts for any suspicious activities.

https://store.livarava.com/6719d87e-e39f-11ee-9675-5254a2021b2b.jpe — Bank Official Arrested for Swindling Rs 1.26 Crore from Dormant Accounts

Bank Official Arrested for Swindling Rs 1.26 Crore from Dormant Accounts

A bank official in Jammu and Kashmir's Reasi district was arrested for secretly withdrawing over Rs 1.26 crore from dormant accounts in the past three years.

Internal Fraud in Financial Institutions

The incident highlights the issue of internal fraud within financial institutions, emphasizing the need for robust monitoring systems to prevent such occurrences.

Importance of Vigilance

Customers are reminded to stay vigilant and regularly monitor their bank accounts for any suspicious activities.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.