Duo wanted for swindling Rs 1.40cr nabbed in Himachal Pradesh
Coimbatore, Aug 8: Two persons wanted in connection with swindling Rs 1.40 crore meant for remitting in ATMs here and in Pollachi, were arrested from Himachal Pradesh and brought here today, police said.
K Sateeshkumar (29) and K Arunkumar (22), both from Udumalpet in Tirupur district, were working in a firm in Souripalayam here, which had been entrusted with remitting cash in ATMs.
However, an audit found a shortage of Rs 90 lakh in the ATMs during the April 2 to May 5 period. Similarly, about Rs 49.60 lakh drawn from different banks were swindled by them, without filling in their ATMs.
Based on a complaint by the firm, police registered a case against the duo, who had been absconding.
Police said they acted on specific clues that the duo had fled to Himachal Pradesh, following which a team went to that state, arrested them and brought them here today.
PTI