Kolkata: Shakespeare Sarani police station, along with the detective department anti-cheating wing, has launched a probe against a relationship manager of a private bank, who allegedly duped a customer of Rs 1.1 crore through fraudulent investment schemes.
The accused, who worked at the Shakespeare Sarani branch of the bank, allegedly used his official position and convinced the complainant, a resident of AJC Bose Road, to invest in a fly-by-night financial agency. He allegedly told the victim the money would be invested in mutual funds and stocks through a company, called B Agency. "The accused used fake documents to convince the victim about the legitimacy of the investments," said a Shakespeare Sarani PS officer. The victim made payments in multiple instalments since 2021.
The fraud came to light when the victim neither received any returns nor could recover the principal amount. She finally lodged a complaint at the Shakespeare Sarani PS. A case has been registered under IPS sections of 120B (criminal conspiracy), 420 (cheating), 409 (criminal breach of trust), 467 (forgery of valuable security), 468 (forgery for purpose of cheating) and 471 (using forged document as genuine).