Daijiworld Media Network - Bengaluru (SP)

Bengaluru, Nov 14: A person who has been accused of facilitating fraudulent transfer of Rs 3,50,90,000 from the account of Harsha Dammanagi Foundation with ICICI Bank was arrested by the police personnel of Ramamamurthy Nagar police station here on Wednesday November 13.

A sum of Rs 3,50,90,000 had been illegally transferred without authorization from the said account. The police had, in the past, arrested four persons who were accused of drawing the said amount and proceeding to Nelamangala to put the money in a bank there. The arrested were Pareekshit, Guruprasad, Rangaswamy, and Harish.

Harish had handed over a cheque to the bank, requesting to transfer the said amount. It is said that the accused had hacked the message of the bank informing the account holder about the said debit, as a result of which the said message did not reach the account holder. Manager of the bank Prasad, who is the main accused, had got the fake cheque passed through the assistant manager and then complained to the police about illegal fund transfer.

The police who investigated the case, arrested Prasad after four months. Prasad has been accused of passing the cheque without verifying its genuineness.