Kerala financial institution worker, at the run for months after swindling Rs Eight crore, arrested in Bengaluru
The Kerala Police have arrested a financial institution worker, who’s a former Army body of workers, for allegedly swindling Rs Eight crore from the Canara Financial institution’s department in Pathanamthitta the town.
Vijeesh Varghese, 36, used to be at the run for the previous 3 months and used to be arrested from Bangalore.
In step with Bengaluru Police, a distinct investigation staff from Kerala arrested the accused from a flat within the HSR format in Bengaluru on Sunday and took him to Kerala for additional investigation on Monday.
Varghese, a clerk on the financial institution, used to be in control of dealing with mounted deposits accounts. He allegedly used the device password to near mounted deposits of a couple of consumers and transferred the quantity to the accounts of his spouse and family members, police assets stated.
“He used a faux identity within the identify of Vikas Kumar and rented a flat in Bengaluru the place he stayed along with his spouse and two youngsters. He additionally performed on-line video games like ‘rummy’ and invested within the inventory marketplace. To keep away from tracing, he had disposed of his previous sim playing cards and credit cards,” police stated.
The accused, a local of Avaneeswaram in Pathanapuram in Kollam district, Kerala went lacking after the financial institution government detected the fraud.
In step with the police, Varghese had allegedly swindled a complete of Rs 8.13 crore in 191 transactions over a duration of one-and-half-years from the Canara financial institution department. The financial institution control lodged a grievance on February 14. By means of this time, alternatively, the accused had already escaped along with his circle of relatives and the Kerala Police may handiest hint his automotive to an condo advanced in Kochi town in February.
Varghese, who controlled to stick off the police radar for 3 months, used to be in any case stuck after he used a brand new SIM to name his pal in Kollam. The Kerala Police tracked his location to Indiranagar in Bengaluru and the Pathanamthitta police arrived within the town on Thursday.
The police officers then tracked the similar quantity that Varghese used to reserve meals and reached his flat following the supply individual.
The Kerala police have booked IPC 420, IT Act 66 amongst different sections towards him and investigation is on.
