Vadodara Crime branch busted Fixed Deposit scam of Rs 1.75 Crore

Vadodara crime branch arrested PNB branch manager and three others in Anyonya bank FD scam

Vadodara crime branch busted the Anyonya Bank 1.75 crore Fixed deposit scam and arrested four accused including branch manager of PNB Diwalipura branch. The team recovered 18.41 lakhs worth items from the accused and further investigating the matter.

Timeline:
1) The administrators of liquidated Anyonay bank put the recovered loan amount of 1.75 crores as FD in Punjab National Bank at the Diwalipura branch for one year on 16-1-2020.

2) The receipt of the same was with the administrators. However, the manager of Punjab National Bank, Amul Govindrao Mohod and his companions Rahul alias Sachin Girishbhai Shah, Kirankumar Tribhovandas Panchal, and Bhupesh Bhimbhai Surti had made the bogus F.D. and with fake documents depositing the money in their own personal accounts.

3)The complaint was lodged by the administrator of the mutual bank at the Vadodara Crime branch.
4) Based on the complaint the police team arrested four people including the main bank manager of PNB.

They also seized 11 mobile phones, two laptops, two four-wheelers, one dongle, 53 debit cards from various banks, and a driving license worth Rs 18,41,500.