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Bank Executive arrested for stealing gold worth lakhs mortgaged by customers


Bank Executive arrested for stealing gold worth lakhs mortgaged by customers

Thane, June 09: A 29-year-old Bank Executive, was apprehended in Thane district for allegedly stealing gold worth Rs 27 lakh pledged by customers between May and May 26 while managing gold loan cases.

Accused, who works in a private bank in Ambernath East in the district, was held under Bharatiya Nyaya Sanhita for criminal breach of trust and other offences, the Shivaji Nagar police station official said.

Between May and May 26, accused as the Bank's Relationship Executive, was handling gold loan cases.

During this period, he took away gold ornaments worth Rs 26.90 lakh that had been mortgaged by customers who had availed loans.

A detailed probe is underway to cover all aspects of the crime.

 

 


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