Former Bank Of India Officer Booked For ₹20.49 Lakh Fraud At Prabhadevi Branch
Mumbai: The Dadar police have registered a case against Shubhrajyoti Das, a former officer at Bank of India’s Prabhadevi branch, for allegedly misusing his official position to embezzle Rs20.49 lakh through unauthorised transactions and diverting the funds to the accounts of an Odisha resident. The alleged fraud came to light during an internal audit and reconciliation of the bank’s accounts.…
Former Bank of India officer Shubhrajyoti Das has been arrested for allegedly defrauding the bank of ₹20.49 lakh from the Prabhadevi branch. The fraudulent activities were uncovered during an internal audit and reconciliation of the bank's accounts. The former Chief Manager of the Prabhadevi branch, Das, was accused of using his official position to carry out unauthorised transactions that went through the bank's Core Banking System (CBS).
The transactions were made between June 9, 2022, and April 10, 2024. Supporting vouchers for these transactions were reportedly missing. The funds were allegedly transferred to the accounts of an Odisha resident, Soumya Ranjan Pal, who had no banking relationship with the Prabhadevi branch. Das was suspended in April 2026 and later repaid the entire amount to the bank.
Despite his repayment, the police have initiated further investigation into the case and registered the offence under the Indian Penal Code.
Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
