This Article is From Apr 11, 2012

German bank in Delhi alleges Rs 46 lakh fraud

New Delhi: A German bank has approached Delhi Police claiming that a south Delhi resident has cheated it of around Rs 46 lakh by presenting a counterfeit cheque, police said on Wednesday.

A case of cheating has been registered against the Hauz Khaz resident on Monday following investigations.

According to the complaint filed by Deutsche Bank, the accused who has a savings bank account deposited a cheque drawn on Barclays Bank in UK in foreign currency and accordingly an INR equivalent of Rs 47,11,200 was credited to his account.

However, the complainant claimed that they were informed by its correspondent bank in London that the drawee bank has declined to honour the cheque with a remark 'suspected fraudulent counterfeit cheque'.

"Consequently, the amount credited to the account of the customer was required to be debited by the Bank. However, before the bank could have debited, the amount the customer had transferred an amount of Rs 47 lakh on December 7 last year from his account to a joint account," the complaint said.

"An amount of Rs 36 lakh was subsequently transferred from the said joint account to another account of Barclays Bank, in Nehru Palace which was later transfered to Axis Bank account. Rs 7.5 lakh was withdrawn in cash.

"These repeated transfers took place on December 7. We have asked Axis Bank withhold the amount. The efforts of the Bank to meet the customer in this regard have gone futile as he is avoiding calls and visits made by the officials of the bank," the complaint said.

The conduct of the customer raises suspicion as he is making malafide efforts to misappropriate the amount, the bank alleged.

.