Three held for Rs.20 mn post office savings fraud

June 10th, 2008 - 10:56 pm ICT by IANS  

Aligarh, June 10 (IANS) Three people were arrested in Uttar Pradesh’s Aligarh district for withdrawing about Rs.20 million from post offices through fraudulent means, said a police official Tuesday. “All the three arrested are employees of a post-office here and (they) used to withdraw money by using fake savings certificates,” Aligarh Superintendent of Police Aseem Arun told IANS.

The employees had managed to procure some blank saving certificates a few years ago. By using the Civil Lines’ Post-Office seal, where they were deployed, they filled the saving certificates with fake names to whom the certificates were issued and withdrew the money after maturity, the police said.

One of the three employees, Shyam Babu, was arrested earlier also for his involvement in a recruitment scam of postal department. Further investigations were on to trace other members of the gang of cheats, the police added.

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