Bank manager escapes by taking loan in customer’s name

Bangalore: Bank Manager on behalf of the customer The incident of taking a loan and escaping took place in Canara Bank under Malleswaram police station. An allegation has been heard against Raghu, a senior manager of Canara Bank, that he took a loan of around 3 crores and absconded.

Manager Raghu has committed fraud in the name of 21 customers and requested to get loan by contacting the customers. Manager Raghu said that there is a problem at home, he will take a loan in your name. I have gold, keep it and take a loan. He believed the customer saying that it was a family problem.

Similarly, Raghu escaped after taking a loan from some people. By obtaining signatures of customers without depositing gold, he misused his authority and cheated more than 3 crores.

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