Bank employee arrested for swindling Rs 11 lakh

TRICHY: A 32-year-old provisional employee of Canara Bank in Thumbalam near Thuraiyur on the outskirts of Trichy was arrested for misappropriating around Rs 11 lakh from customers’ accounts.
The Musiri police arrested A Karunanidhi, 32, from Thumbalam village based on a complaint given by the manager of the bank.
Karunanidhi was a sweeper employed as a daily wager.Since he was a native of Thumbalam, he was well known to the villagers. Most of them had their accounts in the Canara Bank there. They would seek his help for withdrawal of cash from their account and give the signed withdrawal slips to him without visiting the bank.
Utilising the opportunity, Karunanidhi used to withdraw more than what the customers actually wanted and kept the extra amount with him. The swindled amount from the seven customers ran into Rs 11 lakh.
The issue came to light a couple of days back after seven customers alleged that Karunanidhi had been swindling their money and protested against the bank for remaining silent about the missing money.
Acting on their allegation, the bank officials checked their accounts and found Karunanidhi’s involvement in the scam.
On receiving the complaint from the bank manager, police took Karunanidhi into custody on Tuesday and interrogated him.
Inspector of police of Musiri station Jayachithra said, “As of now, seven persons have lodged complaints to the bank. We are checking if there are any other affected people.”
Police said that he would be produced in court.