Banking crimes: Robbery, embezzlement, forgery and other bank frauds

Nov 22, 2018, 16:14 IST
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Comedy, crime and drama - it was like a scene straight out of a Bollywood caper at the Goregaon West branch of UCO Bank in November 2018. Bank staffers turned into impromptu heroes when they spotted a fraudster in the branch, physically tackling him and then dragging him inside kicking and screaming, before handing him over to the cops.

    1/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    The Cybercrime cell of the Pune city police have arrested seven people in connection with the major hacking of Cosmos Bank servers. The hackers had managed to withdraw Rs 94.42 crores in August 2018 by hacking into the servers of the Pune branch of Cosmos Bank. The hackers transferred Rs 94.42 crore to different accounts and later withdrew the cash in Hong Kong. The breach happened between August 11, 2018 and 13, 2018 with bank officials finding out about it on the last day and lodging a complaint. The cyber crime cell arrested few suspects out of which four were also involved in City Union Bank, Chennai, from where Rs 33 crores were transferred

    2/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Cash totalling Rs 10 lakh was allegedly stolen from the cabin of the cashier of an Indian Bank branch in Madurai while a farewell party was on in another portion of the building housing the bank in May 2018. CCTV footage showed the robber entering the cabin on the first floor through a gap provided for ventilation and stealing the amount. The incident happened 

    3/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    In April 2018, five armed robbers on three bikes looted Rs 9.70 lakh cash from the Maharo branch of Vananchal Gramin Bank at Jama, about 10km from the district headquarters of Dumka. The bank guard was thrashed by the robbers when he tried to stop them

    4/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    A Chennai-based jeweller Kanishk Gold Pvt Ltd (KGPL) has been accused of defrauding a consortium of 14 banks led by the State Bank of India (SBI) to the tune of Rs 824 crore in the form of loans that have now been declared as non-performing asset. The owner of KGPL and his wife were later thought to have fled the country. The incident happened in March 2018

    5/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    In what seems to be a scene right out a movie, an unemployed engineer tried to rob a Nariman Point-based bank using a toy gun in December 2017. The man is said to have entered the bank holding up the gun and threatened people. The accused entered the branch and held the watchman at gunpoint and then asked everyone to lie on the floor. The gunman rushed towards the cashier and asked her to give him the money from her teller. The accused then asked one of the visitors to close the shutters of the branch. The fact that he was using a toy gun came to light only after the police arrived at the scene

    6/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Eleven persons, including a woman, allegedly committed a robbery at the Juinagar branch of Bank of Baroda in November 2017. The accused were believed to have entered by digging a tunnel and decamped with valuables worth Rs 3.43 crore by breaking open 30 lockers. It was a call that one of the criminals made to a sex worker to inform her that he would be coming to meet her that led to a breakthrough in the case, leading to the arrest of the entire gang. While eight of the accused were arrested from Mumbai, two others were held from Panchla in West Bengal and Allahabad

    7/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    A gang of five men attacked the driver of a bank's cash van and fled away with Rs. 25 lakh in Bodh Gaya, Bihar. It also came to light that ammunitions were recovered from their possession. The incident happened in March 2017

    8/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    In a shocking incident, a group of terrorists tried to snatch the rifle of a bank guard at Jammu and Kashmir's Budgam. In June 2017, the robbers had broken a window of the bank when the ATM guard noticed them. The guard raised an alarm following which hundreds of locals rushed towards the bank, forcing the robbers to flee

    9/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Thieves allegedly decamped with valuables and cash from a bank in outer Delhi's Mundka. The incident came to light in December 2017 when the bank opened for business. The burglary happened at the Delhi State Cooperative Bank. The accused used cutters to break the lockers and enter the bank. The CCTV cameras were also broken. Police suspected that the burglary was carried out after a thorough recce

    10/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    A bank security guard was shot dead by unidentified assailants outside a bank in Uttar Pradesh's Pratapgarh in April 2017 as they tried to loot the cash. The security guard was unloading cash outside the Pariyava branch of the State Bank of India, when robbers, trying to rob the cash trunk, shot him six times from close range. The robbers had to however flee empty-handed as passersby and bank employees rushed to the spot after hearing the gunshots

    11/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    In December 2016, thieves fled with the gold from a branch of the gold loaning company located in Sai Krupa Palace housing society in Ulhasnagar. They first made a hole in the shared wall of the society’s water pump room and the branch’s toilet to enter the strong room and then cut holes into the safety vault with gas cutters to steal the gold. Two watchmen were suspected to be behind the Ulhasnagar gold heist. However, investigators also that a gang from Jharkhand did it, as the modus operandi of the burglary matcheed their style of robberies

    12/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    The Kalyan crime branch detained three people, including a bank manager, for trying to exchange the banned currency notes in December 2016. In two separate incidents, the sleuths have seized around Rs 30 lakh. The accused were later identified as Sundaram Subramaniam (39), a Kalwa resident and manager with IndusInd bank’s Andheri branch, Chetan Patil (37), a builder from Kalwa, and Mohammed Mustaq Shaikh, a businessman and Koparkhairne resident

    13/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Unidentified miscreants robbed an OBC Bank cash van of Rs. 60 lakh after killing a security guard in Punjab's Moga district in May 2016. Police said the incident took place on the Moga-Baghapurana road when some unidentified persons forcibly stopped the cash van and robbed it after opening fire at the security guard. The officials said the guard was immediately rushed to hospital, where he succumbed to his injuries

    14/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Staff of Punjab National Bank’s branch in Muzzafarnagar were allegedly confined in their office by customers who alleged delay in the withdrawal of cash during demonetisation time in November 2016. The customers were angry over alleged delay in the withdrawal of cash. On receiving information of the crime, a police team rushed to the spot and freed the staff after breaking the lock

    15/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    The Bandra Kurla police arrested a 34-year-old employee of ISG Company, who was deputed at the BKC branch of a nationalised bank to look after reconciliation work, for cheating the bank of over Rs 34 lakh. The company confirms the credit and debits to customers' bank accounts, after the bank gives them data for this. During a review, bank staff found a savings account suspicious, as the balance was zero, but earlier transactions in it raised eyebrows. The bank officials were shocked when they found that the account belonged to the employee and the bank statement revealed that Rs 34,50,000 were siphoned off from a cash account to his account

    16/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Two thieves who wanted to clean out an Ulhasnagar bank, and had entered it after breaking the iron grille on the terrace, left empty-handed as they were unable to break open the safe. The Ulhasnagar police later registered a case and launched a search for the accused on the basis of CCTV footage. The two accused attempted the robbery at a Bank of Baroda branch at Nehru Nagar in Ulhasnagar in October 2016

    17/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    A con couple from Mumbai gave several banks and the police a run for their money. Regi and Juliana Fernandes were booked in December 2016 at three police stations for duping several banks to the tune of over Rs 1.15 crore. They accumulated the amount by presenting forged documents to secure loans and fled once they got the money. The Santacruz police were suprised to learn that there were cases registered against them in other police stations, including Versova and Oshiwara while investigating the case registered with them

    18/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    A gang consisting of Iranian nationals were caught on a cheating spree in South Mumbai targetting several shops, companies and banks in. Their modus operandi is the oldest technique in 'haath ki safai i.e. skill in swindling money in such a way that the victim doesn't even realise that he has been robbed

    19/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    A gang of four robbers that targeted the Versova branch of the Maharashtra Co-operative bank in the wee hours of the morning had to flee empty-handed after the LPG in their gas cutter ran out before the safe could be broken open. According to the police, the culprits managed to enter the bank by cutting open the grille of the air conditioner with the gas cutter. The matter came to light when employees arrived for work the next morning and found the grille and AC missing, showing the way through which the robbers had gone in

    20/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    The Mumbai police arrested 20-year-old woman for allegedly cheating several people by promising loans while posing as an ICICI Bank Manager. The woman would take money from people on the promise of loans and later abscond with the amount

    21/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    In a bizarre case of fraud, the police had to launch a search for a conman with powers of hypnosis after bank manager Bhupendra Kumar Maniram (52) of the Dadar branch of State Bank of Patiala claimed he was bewitched into parting with Rs 93,000. Although he handed over the money to the man himself, he told the police that he had no control over his actions and remembers little of what had happened. The incident happened in October 2015

    22/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Armed robbers, clad in police uniforms, forcibly stopped the cash van of a private bank near Punjab's Ludhiana city and escaped with cash amounting to Rs 1.68 crore. The staff of the cash van later told the police that the robbers came in another vehicle and stopped them. "They were wearing police uniforms. They forced our vehicle to stop, locked us inside it and took away the cash," one of the staff members said

    23/24
  • Banking crimes: Robbery, embezzlement, forgery and other bank frauds

    Delete

    24/24
  • loading...

About The Gallery

From using a toy gun to locking up back staff inside a room, these criminals have done it all for a little chunk of change. Take a look at some of India's biggest bank crimes

 

DISCLAIMER: mid-day and its affiliates shall have no liability for any views, thoughts and comments expressed on this article.

 

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK