Online Gambling: 2.36 crores fraud from bank employee in Haveri

Haveri: Police have arrested a 28-year-old assistant manager on charges of defrauding depositors of Rs 2.36 crore for online gambling. The district police have handed over the case to the Criminal Investigation Department (CID) as a fraud of more than Rs 2 crore has been committed. The arrested person has been identified as Viresh Kashimat, a resident of Haveri Nagar, who was working as an assistant manager in ICICI Bank. Online Gambling: 2.36 crores fraud from bank employee in Haveri.

The incident came to light when ICICI Bank manager Devdhar Lade went to the Haveri Nagar police station recently and reported a loss of Rs 2.36 crore, a police official said. An internal investigation by the bank found that Kashimat could transfer Rs 5 lakh per day to accounts required for banking operations. However, from August last year, Kashimat was frequently transferring money to the account of his friend Mahanteshaiah P Hiremat. This went unnoticed for several months but recently, while conducting an audit of the branch, bank officials found a large amount of money missing.

Investigation revealed that Kashimat used to transfer money to Hiremat and used the same money for online gambling. Kasimat was addicted to online games and started extorting money from customers. He played rummy and other online games. “When we arrested Kashimat, we managed to recover Rs 32 lakh from him,” the officer said.

Haveri District Superintendent of Police Shivakumar told the media that the case has been transferred to the CID as there has been a fraud of more than Rs 2 crore and further investigation will be conducted. The Haveri police have registered a case under sections 406 (criminal breach of trust), 409 (criminal breach of trust by public servant, or banker, merchant or agent) and 420 (cheating) of the Indian Penal Code (IPC) and the accused is currently in judicial custody.

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