Two members of a gang, involved in a forgery case, were arrested by the Narsipatnam Police on Thursday and Rs.14 lakh recovered from them.
The accused reportedly have links with an inter-State racket. The gang had used fake cheques with forged signatures to withdraw several crores of rupees from government accounts during the past few months, according to Narsipatnam Additional SP Vishal Gunni.
Help of bank staffers?
The modus operandi of the gang, which is based in Bihar, led by Sunny Priaydarshi, was to scan cheques related to different accounts, and prepare new ones with the help of sophisticated computer printing. The bank officials allegedly helped the gang in obtaining photo copies of the cheques of the targeted account and let them know the serial number of the unused ones. The signature of the government officials was copied with clinical precision by one of the gang members.
Uttam Kumar, one of the gang members, befriended S. Nagendra and Kesav, both residents of Narsipatnam, and sought their assistance in the scam, promising 40 per cent commission. Uttam Kumar prepared forged cheques of Assam University in the names of Nagendra and Kesav, respectively, for Rs.39,86,500 and Rs.9,85,700.
The duo enchased the cheques at the Union Bank’s branch at Narsipatnam and took 40 per cent commission. On noticing that around Rs.50 lakh was illegally withdrawn from the account of Assam University, the university authorities lodged a complaint at Narsipatnam police station a few weeks ago. Mr. Vishal Gunni said that the Bihar Police had arrested the kingpin of the gang and a few others. Based on information provided by the Bihar police and CCTV footage obtained from the banks at Narsipatnam, the police arrested Nagendra and Kesav and recovered about Rs.14 lakh from them.
The modus operandi of the gang was to scan cheques and prepare new ones Bank officials allegedly helped the gang in obtaining photo copies of the cheques
The modus operandi of the gang was to scan cheques and prepare new ones
Bank officials allegedly helped the gang in obtaining photo copies of the cheques