Indian Bank Manager, Clerk Arrested for Misusing Funds in Chennai:

Indian Bank Manager, Clerk Arrested for Misusing Funds in Chennai The Central Crime Branch's Bank Fraud Investigation Wing arrested an Indian Bank branch manager and a clerk on Wednesday (April 23, 2025) for misappropriating customers' money. According to the police, Sathya Narayana, the regional manager of Indian Bank, filed a complaint with the City Police Commissionerate. He accused Sundar Mohan Maji, the manager of the Santhome branch, and clerk P. Jaysingh of working together to cheat the bank and its customers. The complaint said that the two officers misused their positions to take money from customers' accounts by forging their signatures or by accessing accounts that had not been used for a long time. They also borrowed loans in customers' names without informing them and subsequently mortgaged stolen jewellery to settle these loans. In one instance, they borrowed 146.5 grams of jewellery from a customer and incurred a total loss of Rs. 23 lakh.