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The Hindu

National

The Hindu Bureau

Bank assistant manager arrested in Haveri district for fraud

The Haveri CEN (Cyber Economic and Narcotics Crime) Police have arrested an assistant branch manager of Union Bank of Kurubagonda in Haveri district in connection defrauding customers of jewellery valued at nearly ₹50 lakh and lakhs of rupees in cash.

Following a complaint by branch manager Raviraj, the CEN Police registered a case against assistant branch manager Archana Betageri, daily wage worker Shanthappa Yalagacchi and business correspondent Praveen Chikkalingadahalli.

The accused Archana Betageri has been serving as in-charge branch manager at Kurubagonda for the last two-and-a-half years. She and the two others are now accused of defrauding the bank’s customers of over ₹1.62 crore, in all.

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