Summary:
MUMBAI: A senior manager of one of the leading private banks has been arrested for allegedly pilfering Rs 26.50 lakh from a customer’s account. “He would have expected a fluctuating balance in this account, but what alarmed him was that the balance had hit rock bottom at zero and alerted the bank,” said an official from Azad Maidan police station.Mohite allegedly transferred funds from Patel’s account to the fictitious account. The police said that Patel did not keep a regular check on the funds in this account as he had authorised an asset management company to utilise the funds in that account and invest them in lucrative equity schemes. The police said that they arrested Kalpana Mohite (36) as transactions in the customer’s reflected her involvement in the crime.The fraud come to light when a businessman, Paresh Patel, who has a savings bank account at this bank’s Fort branch since 2016, found that the balance had dwindled to zilch. From there, she further relayed amounts to other bank accounts and withdrawn at ATMs between July 2016 and October this year, said the police.Patel did not receive any alerts on his number as Mohite had got the number in his original account modified, said investigating officer Balvant Patil..