Pune bank officer siphons off Rs 1.6 crore of senior couple

PUNE: The Pune police's Economic Offences Wing (EOW) has initiated a probe against a private bank's relationship manager for siphoning off Rs1.65 crore from the account of an elderly couple between June 2018 and March this year.
The relationship manager works with a private bank's Bhandarkar Road branch.
An FIR was registered with the Deccan Gymkhana police station on Wednesday after the elderly couple's daughter (49), a resident of Karve Road, approached the police.
Assistant commissioner of police (EOW) Vijay Palsule told TOI, "The complainant is a housewife, while her father is a retired person. Her parents had inherited moey, property and other valuables."
"The bank appointed a personal relationship manager to assist them in maintaining the bank account and execute tasks pertaining to the account," Palsule said.
"The relationship manager won the confidence of the elderly couple and sought details of their ATM card, including its PIN, internet banking details and chequebook details. He extensively used these details to siphon off money from the bank account, especially during the Covid outbreak," Palsule said.
"He misused these details of the card, internet banking and chequebook to transfer money to his accounts for personal gains," he added.
"The complainant recently checked the bank account and realized that a large amount of money had been siphoned off without the permission of her parents," he said.
The police registered a case of cheating and criminal breach of trust against the relationship manager.