Trio, including OBC officer, gets jail for Rs8 crore bank fraud
MDT/PTI 11 December 2012

A special court imprisoned the three, including one officer from Oriental Bank of Commerce, for cheating the bank to nearly Rs8 crore through fraudulent manipulation of bank drafts

 
New Delhi: A former officer of Oriental Bank of Commerce (OBC) was sentenced to one-year imprisonment by a special court of Central Bureau of Investigation (CBI) for cheating the bank to the tune of nearly Rs8 crore through fraudulent manipulations of bank drafts, reports PTI.
 
The judge also sent Vikaspuri-resident Uma Bhatla and Manjeet Kumar, Proprietor of Shivani Jewellers at Karol Bagh, to three-year in jail.
 
All the three accused were imposed with fine as well.
 
"The investigation revealed that Ram Kumar, the then officer of Oriental Bank of Commerce, used to provide stolen book of blank demand drafts to Uma Bhatla who used to fabricate and forge these drafts with high value amount and Manjeet Kumar used to get the amount of these drafts credited in his firm's bank account," a CBI spokesperson said.
 
The court has also declared two other persons, who are at currently absconding, as proclaimed offenders.
 
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