5 days ago
Bank officer held for 27L fraud
Lucknow: The economic offences wing (EOW) of the UP Police on Monday arrested Chheda Lal Anuragi, former bank officer, accused of orchestrating Rs 27 lakh fraud by opening fake accounts in collusion with bank staff and others.
He was arrested in Agra where he was posted as branch manager at Indian Bank, Holipura.
EOW said that the case dates back to 2006, when Anuragi served as retail banking officer at the Allahabad Bank branch in Atarra, Banda. He along with other officials allegedly opened two fraudulent accounts using forged documents and IDs.
Similar fake accounts were opened in Union Bank of India, Punjab National Bank, Central Bank of India and Bank of Baroda.
Using these fake accounts, chequebooks were issued and account payee cheques were deposited at Allahabad Bank's Atarra branch. Courier stafffalsely cleared these cheques, allowing payment of large sums. Investigations revealed that the original accounts held only nominal balances (as little as Rs 1,000–2,000), yet multiple high-value cheques were cleared.
This coordinated fraud led to the illegal withdrawal of around Rs 27 lakh from Allahabad Bank's Atarra branch, causing significant financial loss.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Is it legal? How to get Internet without paying a subscription?
Techno Mag
Learn More
Undo
The bank's then-manager, KP Dinkar, filed an FIR on April 7, 2006, at Atarra police six accused.
The case was transferred to the EOW on Aug 20, 2015. Subsequent investigation found 11 individuals guilty — including six bank employees and five others. The five private accused have already been arrested.
"Anuragi was apprehended on July 14, 2025, following a special arrest operation ordered by EOW director general Neera Rawat," said a senior EOW officer.
