Police book employee on charges of ATM fraud at Kerala Gramin Bank

According to officials, ATM cards and passwords were routed through through branches where the accused used them to withdraw cash.

KASARGODE: The police have booked an employee of Kerala Gramin Bank’s (KGB) Munnad branch for allegedly swindling the bank of Rs 1.61 lakh using new ATM cards, which were to be delivered to customers.
Bedakam police said they have booked Manjusha Raj, 27, the office assistant, since suspended by the bank. An officer said she had returned the money to the bank.
According to bank officials, ATM cards and passwords are not couriered, but routed through the branches. Raj allegedly used debit cards and passwords of three customers to withdraw Rs 1.61 lakh from an ATM.
The incident came to light after a customer reached the bank to withdraw cash and noticed that his account did not have sufficient balance.
On verification, it was found that money had been withdrawn from three accounts even though the customers had not been issued ATM cards from the bank.

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