Delhi EOW held one from UP who duped the ATM Cash Replenishment Agency to the tune of Rs 2.53 crores

New Delhi, July 23

The Delhi Economic Offences Wing (EOW) has arrested a proclaimed offender who duped the ATM Cash Replenishment Agency  to the tune of Rs 2.53 crores.

The accused was identified as Amit Gupta alias Monu from Etah in UP.  He was a custodian of cash, authorized by the Banks to replenish the cash in ATMs and misused the Password given to him. 

As per the case details, in 2013, a complaint of M/s Securitrans India Pvt. Ltd, an agency which was hired by Punjab National Bank and other banks for cash replenishment in its ATM machines was received wherein it was alleged that some of the employees of above company had caused huge wrongful loss to the tune of Rs 2.53 Cr to the Punjab National Bank by changing the cassette configuration and feeding notes of Rs. 100/- denomination in the cassette configuration meant for Rs. 1000/- denomination and then withdrawn the money through their ATM cards. The accused person namely Amit Gupta was working as custodian with M/s Securitrans India Pvt. Ltd, New Delhi. Being the custodian of cash and ATM machines, he was responsible to replenish the currency notes in the ATM machines.  

The accused person with other co-custodians, having access codes of the ATM machines for replenishing/loading the notes in the ATMs machines used the access codes of the machines for illegal purpose also. In this manner, they have illegally withdrew the amount to the tune of Rs 2.53 Crores from ATMs machines and misappropriated the same, officials added. 

The EOW investigation showed that PNB and other banks hired the complainant company to deposit the cash in ATMs of the concerned Banks. Some employees of the said company in connivance with each other used to change the denomination and withdrawn the cash by using their ATM cards causing loss to the Banks. From the Bank account statements of the accused persons, it reflected that they withdrew the cash from the ATMs illegally and misappropriated the same. Other 5 associates of accused persons have already been arrested. Accused Amit Gupta was absconding.

THe EOW added that the accused were authorized by the complainant company to deposit the cash in the ATMs of the concerned Banks. They used to change cassette of Rs. 1000 Notes with the cassette of Notes of Rs.100 in the slots of ATMs. Thereafter they used to withdraw the cash by using their ATM cards .If they withdrawn Rs. 4000, then 40 notes of Rs.1000 would come out from ATM but the account would be debited for Rs 4000/- only. In this manner they got Rs. 36000/- extra.

The accused was absconding since 2013 and was declared a proclaimed offender in 2016. The team raided several hideouts of the accused in Delhi and NCR and finally developed a specific information that accused has left Delhi and is now hiding somewhere at Etah(UP). Police team raided And arrested the accused from his residence at Etah.

The EOW is further investigating the case.