Woman Bank Official Siphon Off Customers FD Money, Invests Them In Stock Markets; And Then…

New Delhi: A girl financial institution officer of ICICI Bank in Rajasthan has reportedly duped consumers of above Rs 4 crore. As in step with a document in NDTV the lady has now been arrested and despatched to judicial custody. 

Invests cash in inventory marketplace, fails to deposit a refund

As in step with NDTV experiences the lady officer named Sakshi Gupta was once the connection supervisor of the ICICI Bank in Rajasthan. By luring consumers to generate prime returns in a brief length via making an investment in shares, she duped consumers of greater than Rs 4 crore. Between 2020 and 2023, she allegedly exploited the ‘User FD (Fixed Deposit)’ hyperlink to illegally withdraw Rs 4.58 crores from 110 accounts of 41 consumers, NDTV document has stated. 

As in step with experiences, the fraud persevered for 2 years however nobody within the financial institution knew about it. According to the investigations discussed within the document, Gupta used the finances to shop for shares. However, she suffered important marketplace losses and may now not deposit the cash again within the accounts. 

The rip-off was once uncovered when a buyer got here to the financial institution to inquire about his FD. The police arrested Gupta past due ultimate evening at her sister’s marriage ceremony. She has been despatched to judicial custody. 

Mobile quantity modified to withdraw cash

To save you consumers from figuring out in regards to the transaction messages, the lady banker even modified the cell numbers of the shoppers connected with the accounts. “She linked the phone numbers of her family members to these accounts and withdrew more than Rs 4 crore. She even devised a system that she used to get the OTPs on her system so that the account holders don’t get a whiff of the fraud,” NDTV regarding investigating officer Ibrahim Khan has reported.

Bank might compensate the loss suffered via consumers

The financial institution filed a case with the police on February 18. NDTV quoting resources within the financial institution stated that the financial institution will compensate the loss suffered via consumers.

Customers say that financial institution is unsafe for retaining cash 

After studying about Gupta’s arrest, a buyer reached the financial institution to test if his cash was once protected. The buyer was once clueless on the dichotomy of whether or not his cash was once protected in financial institution or at house.