Jalandhar, June 21, 2013: The Central Bureau of Investigation arrested an accused who was absconding for last 10 years in a bank cheating case. The arrest was made near Delhi recently.
It was alleged that the absconding accused in conspiracy with other persons cheated Dena Bank to the tune of about Rs.3.06 crores. He opened a current account in Dena Bank, Shreenagar branch, Thane(Maharashtra) in the name of a private firm and fraudulently arranged to send remittance to Dena Bank, Shreenagar Branch, Thane through Telegraphic Transfer (TT) for Rs.14,45,500 to the account of his firm which was purportedly received from Dena Bank Medhasan Branch, Gujarat. While in fact, no such TT was issued by Medhasan Branch. He had withdrawn an amount of Rs.5,50,000 in cash and had made a FDR of Rs.1,00,000. His last known address was of Mumbra, Mumbai.
According to a spokesman of the CBI,after meticulous efforts, the CBI sleuths traced Vinay Sabhajit Tripathi the alleged culprit and arrested. He said further investigation is continuing in the matter.