The Telegraph
Friday , March 22 , 2013
Since 1st March, 1999
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Police bust cheque gang

Paradip, March 21: Jagatsinghpur police today busted an inter-state counterfeit cheque racket by arresting a man from Bihar for fraudulently withdrawing cash from a nationalised bank here.

The police officers said the fraud owed its root to Patna, Malda in Bengal, Guwahati , Nasik and Ahmedabad.

“We have detained a man from Patna. He was caught red-handed while trying to cash a counterfeit cheque at a local State Bank of India branch,” said Jagatsinghpur superintendent of police Satyabrata Bhoi.

The accused had withdrawn money by using counterfeit cheque some time ago.

The police caught him red-handed at the bank while he was making his second attempt to withdraw money by using a fake cheque.

“The man was sophisticated, well mannered and neatly dressed. During interrogation, he has confessed to the crime,” Bhoi said.

The gang has managed to withdraw the money from various accounts by using counterfeit cheques. It has committed similar fraud in Kendrapara, Jajpur, Paradip, Malkangiri and Rayagada in the recent past. As those who committed the crimes are from outside the state, a thorough investigation is on to delve deep into the offences. Our findings point to the existence of a countrywide racket, the superintendent said.