Kota, June 8
A woman employee of ICICI Bank in Kota allegedly withdrew Rs 4.58 crore from customers' accounts and invested it in the share market, police said on late Saturday, adding that she has been arrested.
Sub-inspector (SI) Udyog Nagar Police Station Mohammad Ibrahim told reporters, "Bank officer Sakshi Gupta took Rs 4.58 crore from 43 customers' accounts. A case has been registered, and she has been arrested".
"Sakshi Gupta had invested this money in the share market through a demat account," the officer added.
More details are awaited.
— ANI
Reader Comments
This is shocking! How could this happen in a reputed bank like ICICI? Customers trust banks with their hard-earned money. The bank should compensate all affected customers immediately. Strict audits needed! 😡
Investing stolen money in share market? What was she thinking? The market is so volatile these days. This shows the greed and overconfidence of some people. Hope the law gives strict punishment.
As someone from Kota, this news is very disturbing. Many middle-class families keep their savings in banks. RBI should investigate if this is happening elsewhere too. Banking system needs more safeguards.
The bank should be held equally responsible. How did their internal systems fail to detect such large unauthorized transactions? Customers deserve answers and compensation. #BankingFraud
This is why I prefer government banks over private ones. At least there's more accountability in PSU banks. Private banks focus only on profits, compromising security measures.
The share market angle is interesting. Maybe she thought she could return the money after making profits? Still no excuse for theft though. Hope the victims get their money back soon. ðŸ™
While what she did was wrong, this case shows how financial literacy is important. Many people don't check their bank statements regularly. We must be more vigilant about our accounts.
We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.