Man Sent to Remand for Fraud

Jan 3, 2025 - 10:03
 0  1
Man Sent to Remand for Fraud

DECCAN FREEDOM NEWS 

January 02, 2025

A man accused of fraudulently transferring money from another person’s bank account to his own has been remanded in custody, according to Vemulawada Rural Circle Inspector Srinivas.

The accused, Lakke Madhu, a resident of Acchannapalli village, allegedly deceived Madasu Manjula of the same village into transferring ₹2.5 lakh from her account. This follows a complaint filed by Manjula with the Vemulawada Rural Police Station.

Manjula’s son, Madasu Vijay, had gone to Muscat for work but tragically committed suicide on July 13, 2024. Following his death, the company he worked for deposited insurance money into Manjula’s account in September 2024.

On November 16, 2024, Madhu took Manjula to the SBI bank in Vemulawada, claiming he would help her withdraw money for necessary expenses. He withdrew ₹1 lakh and gave it to her but also allegedly obtained her signatures on some documents. Later, it was discovered that ₹2.5 lakh had been transferred from Manjula’s account to Madhu’s account without her consent.

When confronted, Madhu claimed the money was taken to cover expenses for transporting Vijay’s body back to India. However, Manjula alleged that Madhu neither contributed to the repatriation process nor sought her permission for the withdrawal.

Following the complaint, police registered a case and conducted an investigation. Inspector Srinivas confirmed that Madhu had acted fraudulently and was taken into custody. He was subsequently sent to remand.

The police urged the public to remain vigilant and report similar incidents to prevent such frauds in the future.

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