Jewellery appraiser in Tirupattur held for misappropriating ₹1.3 crore by creating fake accounts
The Hindu
Jewellery appraiser arrested for embezzling ₹1.3 crore by pledging fake jewellery, investigation ongoing by Tirupattur police.
A 42-year-old jewellery appraiser at a nationalised bank in Tirupattur was arrested for embezzling ₹1.3 crore by pledging fake jewellery.
Police said that the arrested person was identified as K. Baskaran, a native of Karuppanur village near Jolarpet. Initial inquiry revealed that Baskaran had been working as an appraiser in the bank since 2011. During a surprise inspection at the bank, senior officials found fake jewellery weighing 200 sovereigns was pledged by creating fake customer accounts.
Investigation revealed that fake jewellery had been pledged in 42 different names. The team also found that Baskaran had been committing the fraud a few months after he joined the bank. He had been pledging small quantities of jewellery at a time over the years to evade suspicion from senior bank officials.
Following the discovery, bank officials registered a complaint with Tirupattur police. A probe is underway.
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
BJP questions Iftar parties in West Bengal educational institutions, accusing TMC of religious polarization for votes.
Indian table tennis stars shine at WTT Star Contender event with high local participation and top-ranked players in action.
Former Union Minister Anurag Thakur organizes cricket matches across India to raise awareness about tuberculosis with MPs, celebrities, and public.
CJI Sanjiv Khanna emphasizes direct connection with people in Indian judiciary; Justice Oka raises concerns about faith in system.
Leela Nair, a retired professor of English at the University College in Mangaluru, passed away at her residence in Mangaluru on Tuesday night.
Breeding colonies of six seabird species recorded in unique sandbars of Adam’s Bridge sandbars, emphasizing the need for conservation efforts.
Machilipatnam MP discusses sea erosion in Krishna district with NDMA member, proposes solutions for coastal protection and farmer assistance.
Nature camp educates Madurai students on forests and environmental conservation to create awareness for future generations.
KEA uses facial recognition & QR code technology to prevent impersonation during CET exams in Karnataka.
Nellor Mayor presents budget for 2025-26 focusing on development and welfare measures, with total proposed expenditure of ₹706.79 crore.
Tamil actor and karate instructor Shihan Hussaini laid to rest in Madurai after public tribute in Chennai.
‘P4’ an ambitious initiative to achieve zero poverty in Andhra Pradesh by 2047. To be launched on the Telugu new year ‘Ugadi’, which is celebrated on March 30 this year, the initiative aims at ushering in socio-economic development through partnerships between public and private entities, and the people, and uplift communities through inclusive economic growth.
Chief Minister Pinarayi Vijayan distributed the prestigious Kairali Research Awards at a ceremony held here on Wednesday.