18 PSBs hit by 2480 cases of fraud of Rs 32000 cr

first_imgIndore: A total of 2,480 cases of fraud involving a huge sum of Rs 31,898.63 crore rattled 18 public sector banks in the first quarter of this fiscal, an RTI query has revealed. The country’s largest lender State Bank of India (SBI) remained the biggest prey to frauds with 38 per cent share, Neemuch-based activist Chandrashekhar Gaur told PTI on Sunday quoting an official of the RBI who furnished him replies to his RTI application. As many as 1,197 cases of cheating involving Rs 12,012.77 crore were detected in SBI in the first quarter, according to the RTI reply. Also Read – Thermal coal import may surpass 200 MT this fiscalAfter SBI, Allahabad Bank faced the heat with 381 cheating cases involving Rs 2,855.46 crore. Punjab National Bank stood third in the list with 99 sham cases worth Rs 2,526.55 crore. However, the information provided by the RBI does not give specific details of the nature of banking fraud and the losses suffered by banks or their customers. On losses suffered by PSU banks due to frauds, the RBI said it did not have figures available as to how much amount was lost by theses banks during the period under review. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostA total of 75 cases of fraud involving Rs 2,297.05 crore were reported in Bank of Baroda in the first quarter, while 45 cases of fraud amounting to Rs 2,133.08 crore in Oriental Bank of Commerce, 69 cases worth Rs 2,035.81 crore in Canara Bank, 194 cases worth Rs 1,982.27 crore in Central Bank of India, 31 cases of fraud of Rs 1,196.19 crore in United Bank of India were witnessed. Likewise, Corporation Bank detected Rs 960.80 crore worth fraud in 16 cases, Indian Overseas Bank Rs 934.67 crore in 46 cases, Syndicate Bank Rs 795.75 crore in 54 cases, Union Bank of India Rs 753.37 crore in 51 cases, Bank of India, Rs 517 crore in 42 cases and UCO Bank detected Rs 470.74 crore fraud in 34 cases. Other banks, which fell victim to fraud included Bank of Maharashtra, Andhra Bank, Indian Bank and Punjab and Sind Bank.last_img read more

Missing Mikmaw woman found alive in Knoxville Tenn expected to return home

first_imgAPTN National NewsThe search for a missing Mi’kmaw woman has ended in Knoxville, Tenn.Chrisma Joy Denny was found alive Sunday after she was reported missing in early November.“Denny is in a safe location and has agreed to stay there,” said the Knox County sheriff’s office in a press release.Police in Knoxville said they’re working with police in Canada to ensure her safe return home.Denny, 23, was reported missing in early November.But no one in her home community of Eskasoni had seen her since early September.Her family has said Denny struggled with addiction and mental illness and often took off on her own. At times, she lived on the streets in Sydney, Cape Breton. So, it wasn’t unusual to not see her for weeks at a time.Early in their investigation, police found out that Denny travelled to the United States. Her last reported sighting was in Tennessee where she had contact with the Knox County sheriff’s office.Officers in Knox County had tried to help Denny. She spent a couple of days at a shelter and was thought to have then moved on.last_img read more

21 year old Anthony Clarke charged by police

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppThe Royal Turks and Caicos Island Police force continue their efforts to crack down on crime.Police have charged 21 year old Anthony Clarke of Grand Turk with Handling Stolen Goods. After pleading not guilty to the charges, Clarke is now set to appear before the Magistrate’s court for trial on December 17, 2013. The police are imploring residents to trust their instincts and report suspicious activities in their neighbourhoods and even schools. Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:last_img read more