Hyderabad: Fraudster nabbed by Detective Department of Central Crime Station

Hyderabad: The Detective Department (DD) of Central Crime Station (CCS) on Saturday arrested two persons for forging the signatures of an Executive Engineer and siphoning off an amount of Rs. 56 lakhs. The arrested ones were identified as, Naveen (32) and Sairam (22).

According to CCS Police, both the accused were contractual employees working in Telangana State Cooperative Rural Irrigation Corporation Ltd in Khairatabad. In order to earn easy money, the duo hatched a conspiracy to siphon off the money by creating fake bank account in the name of C V Ramesh Babu, who is the Executive Engineer (EE) in the civil works division.

As part of their plot they successfully opened a bank account with Andhra Bank of Vijayanagar colony in February 2019 by forging the signature of the EE and by forging other documents, they were able to steal the tenders in the name of EE. From February 2019 till December 2019, the accused duo illegally made Rs. 56 lakhs and also diverted the amount in other banks to avoid suspicion, said the Jt. CP of CCS, Avinash Mohanty.

He stated, "After committing the offence both the accused fled the State and were hiding in Karnataka. A team of special officers visited their location and brought them to the city on prisoner transit warrant and produced them before the judicial magistrate."