ED attaches assets of ex-Punjab & Sind Bank officer who broke customers’ FDs to play online games


PTI, Jan 21, 2024, 4:31 PM IST

Immovable assets and fixed deposits worth Rs 2.56 crore of a former Punjab & Sind Bank officer have been attached after it was found that he allegedly broke customer FDs worth over Rs 52 crore and used them to play online games, the ED said Sunday.

Bedanshu Shekhar Mishra, posted at the bank’s branch at Khalsa College in Delhi University’s north campus, was suspended by the lender in November 2022 after the alleged fraud came to light, the central agency said in a statement.

The Enforcement Directorate case, filed under the provisions of the Prevention of Money Laundering Act (PMLA), stems from a CBI FIR and the fraud is alleged to have taken place between 2021-22.

The ED said the probe found that Mishra ”reportedly misused his official position and carried out fraudulent transactions by using his system ID and those of other staff members to unauthorisedly break the FDs (fixed deposits) of several customers including those from Sri Guru Tegh Bahadur Khalsa College, Delhi University without their knowledge”. He ”committed fraud and forgery with the bank as well as with the account holders of the bank and misappropriated or siphoned public money to the tune of Rs 52,99,53,698,” the agency claimed.

Mishra used the ”proceeds of crime for playing online games such as Monopoly, Poker, Teen Patti etc. on different online gaming websites such as Goa247.live, Indibet.com and betway.” The proceeds of the alleged crime were mainly transferred by him (Mishra) to the online gaming companies by routing through various current accounts of different business entities, the agency said.

The accounts to which the proceeds were transferred by Mishra were borrowed by the owners of the gaming website/companies on commission basis, it said. A provisional order under the PMLA has been issued to attach immovable properties and fixed deposits worth Rs 2.56 crore of Mishra, the ED said.

Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.

Top News

BJP calls Congress govt ‘laughing stock’ as ‘samosa politics’ heats up in Himachal

Chikkaballapur: Yoga teacher feigns death by holding her breath, escapes murder bid

World Bunts Summit to be held in Mumbai on December 7

SC dismisses PIL seeking CBI probe into Tirupati laddus row

Salman Khan gets another threat; message sent to Mumbai traffic police helpline

SC overrules 1967 verdict holding AMU can’t be minority institution

BJP MP Tejasvi Surya, editors of Kannada news portals booked for allegedly spreading fake news

Related Articles More

Comply with order allowing minority student to attend St Stephen’s College: HC tells DU

INDIA bloc looted, destroyed Jharkhand: Dharmendra Pradhan

Gujarat family holds burial event for ‘lucky’ car; 1,500 people attend

BJP calls Congress govt ‘laughing stock’ as ‘samosa politics’ heats up in Himachal

SC notice to Centre on plea to include ayurveda, yoga in Ayushman Bharat

MUST WATCH

Gho Pooja in Deepavali Festival

Melukote Deepavali

Ganapathi Co-operative Society Ltd

Udayavani Chinnara Banna 2024

Annapoorna Aahar | Food Places In Mysore


Latest Additions

Comply with order allowing minority student to attend St Stephen’s College: HC tells DU

INDIA bloc looted, destroyed Jharkhand: Dharmendra Pradhan

Gujarat family holds burial event for ‘lucky’ car; 1,500 people attend

New kind of ”Jihad” in Karnataka through Waqf Board, alleges Union Minister Pralhad Joshi

BJP calls Congress govt ‘laughing stock’ as ‘samosa politics’ heats up in Himachal

Thanks for visiting Udayavani

You seem to have an Ad Blocker on.
To continue reading, please turn it off or whitelist Udayavani.