Cash loading agency employee decamps with Rs. 40 lakh

March 18, 2014 11:20 am | Updated May 19, 2016 09:30 am IST - ONGOLE:

An employee with an ATM cash loading agency decamped with Rs. 40 lakh in cash without loading the amount into the Automated Teller Machines in the city.

Ongole I Town Circle Inspector K.Venkateswara Rao said 25-year-old Ashok Kumar employed by ‘Right to safeguard’ cash loading agency had got to know of the password from his fellow employee and misused the same to draw the huge amount given for loading into six ATMs here. “We are collecting vital clues to unravel the case after questioning Ashok Kumar’s colleague Ravi Kumar,” said Mr. Venkateswara Rao probing the fraud on a complaint from the ATM cash loading agency on Monday.

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