Mumbai: The CBI has launched a probe against a female staff officer of Bank of India’s Panchpakhadi branch in Thane, in an alleged fraud of Rs1.17 crore by manipulating customer data and siphoning funds. The accused officer has been identified as KP Kharat, employed at the branch from April 11, 2022 to May 9 this year.

Fraud Detected in Audit, Officer Suspended

Agency officials said Kharat was posted as a staff officer in the deposit section and is currently under suspension. The fraud was first detected on May 5 this year during an internal audit and transaction scrutiny, with first occurrence reported on September 21 last year. As per the FIR, a written confession was given by Kharat to the bank.

The allegations against Kharat include fraudulent activation of dormant accounts using f

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