Moga, Dec 5 (UNI) Police have booked a senior assistant of the State Bank of India Branch Baghapurana for cheating the bank's pensioner clients to the extent of Rs 1.78 lakh.
The accused Ashok Kumar, who is absconding, has been booked under section 420 and 468 IPC and also under the corruption act, police today said.
The accused bank employees used to borrow money from four persons Gursharan Singh, Sukhmandar Singh, Gursharan Singh and Nachhattar Singh all having their bank accounts in the SBI branch.
When the bank official failed to return the money, he adopted a new technique of withdrawing the money from the accounts of pensioners and deposited it in the accounts of those four from whom he had borrowed money.
In this way the bank officials cheated about 70 pensioners.
When the pensioners found discrepancy in their accounts, they brought it to the notice of the higher authorities.
On inquiry, Bank official Ashok Kumar was found guilty of withdrawing the money.
Accordingly, the matter was reported to the police and the case was registered.