Moga police book PNB clerk for cheating, fraud

The Moga police have booked a clerk from Punjab National Bank for allegedly cheating and defrauding 69 account holders by withdrawing Rs 68.29 lakh from their accounts over the past two years.

Following a complaint from the bank’s manager, an investigation was conducted by a senior officer of the rank of SP. The investigation revealed Satpal Singh, a clerk at the PNB Kotkapura Road branch, had withdrawn large sums of money from account holders’ accounts without their consent.

As a result, the Moga police have filed charges against Singh under Section 409 (criminal breach of trust), Section 420 (cheating) of the Indian Penal Code (IPC) and Section 13(2) of the Prevention of Corruption Act.