In Tamil Nadu, some people have teamed up to open the SBI branch. Not only that, the bank’s receipts and invoices were also printed to run the branch.
New Delhi: A shocking case of forgery has been reported with the State Bank of India (SBI), the country’s largest government bank. In fact, in Tamilnadu, some people together opened the SBI branch. Not only that, the bank’s receipts and invoices were also printed to run the branch. However, they could not open any accounts in their branch.
The case is of Panruti in Cuddalore district of the state where the accused were running a fake BRANCH of SBI. The father of one of the accused is a retired bank employee. Another accused runs a printing press from where he printed documents such as bank receipts and invoices. The third accused used to be a printing rubber stamp. Not only that, these people had also joined the cash counting machine.
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The accused had opened the fake branch 3 months ago. However, they could neither open any accounts here nor transact money.
Among the accused were Kamal Babu (19), son of a retired SBI employee, besides A. Kumar (42) and M. Manikam (52) has also been arrested.
It is learnt that Kamal had lost a lot of hands for his job after his father’s death but did not get a job. He was very much aware of his father’s work, so he followed the way to open a fake branch.
Police are currently investigating the case. The accused have been booked under sections 473, 469, 484 and 109 of IPC.
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