Bhubaneswar, July 26: The Economic Offences Wing of Odisha Police has arrested a person involved in a bank fraud involving Rs 9 crore was arrested in Howrah, West Bengal.
Ajmir Mondal, a habitual economic offender from Nalpur, under Howrah Commissionerate, was on Thursday presented before a court in West Bengal and brought to Bhubaneswar on transit remand, police said on Friday.
He has been book under penal provisions for cheating, forgery, impersonation and criminal impersonation.
The arrested accused was produced before the Designated Court under Odisha Protection of Interests of Depositors Act (OPID), Balasore, on Thursday, police said.
Sujata Kanungo, Chief Manager, Bank of India, Baripada has registered a case against the accused.
According to the allegation, illegal transactions of Rs.9,56,76,600 had been made from the account of District Mineral Foundation Trust of Zilla Parishad, Mayurbhanj, maintained with Bank of India, Baripada Branch, by producing four cheques in April 2024.
Police said the fraudsters by producing forged/cloned cheques managed to transfer Rs.9,56,76,600 in total to two different accounts in the name of PT Constructions & Supplier maintained with Bank of Maharashtra and S K Enterprises maintained with Punjab &Sind Bank.
The amounts were further diverted/transferred to many other accounts from the accounts of PT Constructions & Supplier and S K Enterprises. Out of the illegally transferred amount, the EOW had blocked Rs.5,04,06,900 and Rs.13,56,948 was lying in 33 different accounts.
Mandal was found to be the owner/signatory authority of S K Enterprises to which more than Rs.1,84,27,400 was illegally transferred.
