Youth checks into trouble after fraud

MUMBAI: The Shivaji Park police have arrested a 22-year-old youth who stole a cheque book of his employer and managed to withdraw nearly 27 lakh from his bank accounts in Mumbai and Delhi. Incidentally, the accused wanted the money to gift gold jewellery to his fiancee.
"Anil Nivedekar flicked the cheque book belonging to Ramnicklal Maru (43), who owns Suvidha Shopping Centre in Dadar (W), forged his signature and withdrew Rs 4.66 lakh in 2008 and Rs 22 lakh on August 7 this year from his bank accounts,'' an officer said.The police have also arrested Nivedekar's four accomplices who had helped him in committing the fraud. "Nivedekar had used the bank account of his accomplices-Vilas Gamre (22), Rajesh Chavan (40), Amil Madankar (39) and Sanjay Gurav-to deposit the cheques and paid them commission,'' an official said. Nivedekar was nabbed from Ratnagiri, while his accomplices were nabbed from different places in the western suburbs.
During interrogation, Nivedekar said that he was employed with the shop for the last four years. "My employer assigned me to carry out bank transactions and I managed to steal 100 cheques in 2007. I along with my four accomplices managed to withdraw Rs 4.66 lakh between 2007 and 2008,'' Nivedekar revealed during interrogation.
On August 7, when the accused deposited a cheque of Rs 22 lakh with Cosmos bank in Dadar, the bank manager called Maru and inquired. "Maru instructed the bank to stop payment. He then called us up and told us about the fraud. He also informed us about the withdrawals from his Delhi accounts,'' Shivaji Park assistant inspector Sunil Kale said.