Cash firm man siphons off 7.3Lakh, held

Coimbatore | Thursday | 26th April, 2018

Summary:

M Suresh Kumar , 32, of Sowripalayam, was taken into custody based on a complaint lodged by the cash replenishment company. After several banks submitted reports, the company conducted an internal inquiry and found that the money went missing only from the ATMs handled by Suresh Kumar. COIMBATORE: The city Crime Branch sleuths on Wednesday arrested an employee of a cash replenishment firm for siphoning off as many as 7.34 lakh over a period of time from the cash to be filled in the ATMs across Ramanathapuram in the city. The fraud came to light while setting accounts at the end of the financial year, when banks noticed anomalies in the amount handled in the ATMs and the amount dispensed from their currency chest, said an officer..