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Jeypore: Cashier of Indian Overseas Bank (Baipariguda branch), Santosh Dora, has been arrested for allegedly embezzling Rs 80 lakh funds of depositors in absence of the branch manager.
According to police sources, Dora diverted money from the accounts of the depositors while the manager was on leave for a month after his mother’s demise.
Dora had been working as a cashier since 2014. The scam came to the light when he took a day off from work for the first time on August 20. Following this, the branch manager lodged a complaint with Boipariguda police.
Jeypore SDPO Arup Abhisekh Behera informed Dora had transferred the money to the accounts of his parents and some customers and later used it for online betting.
Police have seized many passbooks, chequebooks, other documents, and a motorcycle from Dora. It is suspected that he might have embezzled more money.
Senior officers of the bank have also started an inquiry into the matter at the branch.
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