At a time when the Rs 400-crore Citibank fraud was making headlines in 2010, another bank fraud went unnoticed.
Using a similar modus operandi like Citibank relationship manager Shivraj Puri, a 50-year-old woman head cashier at the Sector-15 Gurgaon branch of Union Bank duped high-profile customers of Rs 29.7 lakh.
Geetanjali Dutta, who was sacked from the bank in September 2010, was arrested from her residence in Laxman Vihar, Gurgaon, on Thursday evening. A fraud case was registered against her in September 2010 on the complaint of bank manager Arvind Grover.
The police failed to arrest her since then as she was absconding. A senior employee, Dutta served at the branch for 12 years.
While the police claimed that she started swindling funds in April 2010, the first complaint was received from Aravali Fuels in September that year.
The firm said that R6 lakh was deposited in its account but only Rs 3 lakh were transferred.
Similarly, Oswal Motors and British Council complained of loss of Rs 1.5 lakh and Rs 9,000, respectively.
Soon, complaints started pouring in and a total of 12 clients reported mishandling of funds. The Union Bank then ordered a probe in the matter. It was found that the entire money was transferred to Dutta’s account.
The case was then handed over to the police and Dutta returned R12.35 lakh to the bank.
Meanwhile, Dutta claimed to be innocent but when asked why she returned the money, she said, “The bank manager asked me to deposit the amount to save myself from the police so I did. I have no role in any kind of swindling.”
A police official said, “She has given a part of the money to one of her relatives in Chandigarh and we will recover it soon.”