BETRAYAL BEHIND THE

COUNTER !
ICICI'S .S‘HOCI(IN/G SCANDAL

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 14
THE BUZZ YOU CAN'T IGNORE !
ICICI Bank's Branch Manager in
Rajasthan was caught wutilizing
funds from unsuspecting deposit
holders to meet business targets
over the years.

g Kya Karu fi
Kya Karu Main ,‘
iska / ,
 SNEAKY SCHEME - YEARS OF
FRAUD
Over the years, branch manager &
accomplices met targets by taking
money & making it seem like they
were opening new FDs, current, and
savings accounts.
 ENTRY & REVERSE ENTRY SCAM

The officials created fake O/D

against FDs & utilised the same
money to open New accounts. After
few days the accounts were closed
& funds were again routed back to
FD A/c.
You very
chalak Bro !
 THREATS AT ICICI

Upon discovery, an individual began

Blackmailing the bank branch
officials, aiming to reveal their secrets

\ HH,
In a bid to conceal their wrongdoings,
the mishandling of funds
intensified. The obtained sum from
Customer A/C was then paid to a
blackmailer based in Udaipur to
maintain silence.

Chor ke ghar se
chori
Phir hera Pheri !
 ARRIVAL OF POLICE

Rajasthan Police confirmed that to

date about 2.5 Cr has been
embezzled and paid to Blackmiailer.
However, the Bank Officials have
corrected the figure to 2 Cr.
 POLICE IN ACTION !
62 Bank A/c linked to the scam,
holding a balance of Rs 62 lakh have
been frozen. Additionally, Rs 46 lakh
in cash was discovered and seized.
Gold, pledged by blackmailer for loan
was also seized .
 HOW THE DECEPTIVE SCHEME
CAME T0 LIGHT ?

Employee notices Rs 70 lakh

missing from friend's account.
However after no refund within 3-4
days the employee sought police
help
 FINANCIAL IMPACT
The SIT questioned the accused
manager, examined statements of
affected account holders. Due to the
long-standing scam and inadequate
records, police are still determining
the loss.

AR
 BANK'S RESPONSE
On 6th Feb Manoj Bhowrani, regional
head notified the Rajasthan police
about an internal scam involving a
bank employee. The letter outlined
the modus operandi of the
fraudulent activity.

Insaaf hoga hum

karenge Insaaf ! 4
 BANK'S RESPONSE
They have given assurance about no
financial loss to genuine customers.
Also the employees involved have
been suspended till investigation.
WHAT ARE YOUR THOUGHTS ON
THIS SCANDAL?