Amount Withdrawn From Account Of Educational Institution Through Fake Cheques

Mumbai, 17th November 2022: The road police registered a case on the complaint of the joint manager of Bank of Baroda for a suspected withdrawal of five and a half lakh rupees from an account. The police are investigating further.


According to the complaint filed by Sanjay Kumar Bholasinh Sinha (48), co-manager of the bank’s Khetwadi branch, a case has been registered under Sections 420, 465, 467, 468 and 471 of the IPC. Sources said that this case has been registered against Ashok Babushyam Sahu and Sahu resides at Janupada in the Kandivali East area. Five lakhs and 71 thousand rupees were withdrawn from the account of JBAS College for Women Education Development Fund, Chennai, from 1st to 7th January 2022 through five cheques. That amount was not withdrawn by the organization. When the bank investigated this, it was revealed that the amount was withdrawn through four forged cheques. The concerned checks were drawn from complainant Sinha’s branch. A case has been registered based on Sinha’s complaint after this matter came to light in the bank’s investigation. The official said that the related transaction is being investigated and further action will be taken soon.