New Delhi, August 17: In a major nationwide fraud perpetrated on a public sector bank, IAF lost Rs 50 lakh withdrawn by way of cheque from its accounts in June this year, but the matter came to light only now.
The amount was released by the bank to the fraudsters, who had presented counterfeit cheques with forged signatures at the bank branches and withdrew the IAF’s public fund totalling Rs 48,41,910, the IAF said here today.
The fraudsters, who posed as retired IAF men, had used fake discharge book and certificate of service to open bank accounts to which the IAF money was transferred.
The fraud was detected by officials of the Air Force Central Accounts Office, who also lodged a police complaint.
Apart from lodging an FIR with the police, the IAF also ordered a probe into the case.
–Agencies