Suspect names daughters as nominees in fake accounts

NEW DELHI: A retired businessman had a forgettable experience of availing doorstep banking services when his relationship manager used his documents and allegedly siphoned off Rs 1.5 crore from his and his wife's accounts.The manager employed by a private bank has been arrested. However, cops are yet to recover the amount the 85-year-old man lost. Other officials in the bank are being probed to ascertain their involvement in the case.In his complaint, the senior citizen alleged that his signatures were forged by the suspect and unnamed accomplices to forge documents and create fake bank accounts. Money was illegally withdrawn, sometimes from ATMs and through cheques, from the accounts to pay insurance firms premium of policies bought by the suspect and his family members. The man lives with his wife in New Friends Colony and kept his money in the bank after selling off his business before retiring. The bank provided the couple with its doorstep delivery of services because of their advanced age.The senior citizen told cops that he had opened three saving accounts in the bank in 2011 and the suspect had been known to them ever since. He used to come to their house for the purpose of updating them about the bank statements and transactions done on a month to month basis.In May 2018, the complainant received a call from a prominent insurance company which intimated him about an insurance policy his wife had recently bought."I had no knowledge about this as my wife had never invested in such a policy. I contacted my relationship manager and after initially avoiding the conversation, he admitted of investing some amount in insurance policies. He promised of getting the entire amount along with the interest credited into my wife's account," the complainant told cops, adding that following this, he went to the bank and checked his account statements.To the couple's surprise, they discovered multiple withdrawals made from their accounts without their knowledge. The senior citizen alleged that these entries were specifically hidden when he was shown the statements at his house.The suspect allegedly named his own daughters as nominees of the fake accounts created in the senior citizen couple's name.