Glitch Or Scam? Odisha Family Alleges Losing Rs 16.25 Lakh For Forgery In UCO Bank

Cuttack: A businessman from Odisha’s Jajpur has approached the consumers’ court with the complaint that he was a victim of Rs 16.25 lakh fraud by UCO Bank in Cuttack.

According to sources, Rabindra Goin of Gopalpur village in Rasulpur block of Jajpur district, runs a cloth shop in Jaraka market of the town and stays in a rented house there. He had taken a cash credit (CC) loan of Rs 12 lakh from UCO Bank’s Barabati branch in Cuttack by mortgaging his 17.5 decimal land to expand his business.

Sometime back, when Goin gave a cheque of Rs 25,000 to a businessman, his cheque bounced though he claimed that he had sufficient balance in his account.

When Goin’s son contacted the bank to enquire, the officials there did not furnish the details. Then they contacted the zonal office of the bank and found that Rs 16.25 lakh had been withdrawn through three vouchers from his account. Besides, the bank has issued a notice for auction of his mortgaged land.

“I had issued a cheque of Rs 25,000 which bounced. When my son went and asked about it, he was told that my account was frozen. A few days later, the bank did not issue a statement of my account when we sought it. Later, I found that money had been swindled from my account. I had signed a cheque for Rs 8,000 but they made it Rs 8 lakh and withdrew the amount,” Goin told the media.

His wife Sasirekha Goin said, “When people came to our house and said the cheques were bouncing, I felt very bad and shouted at my son and husband. But later we found that we were a victim of bank forgery,”

Goin has approached the Consumers’ Court and demanded a high-level probe into the incident.