Southern States - Tamil Nadu-Chennai

Held for attempting to encash fake DD

By Our Special Correspondent

CHENNAI May. 8. A customer who attempted to encash Rs.9.33 lakhs using a fake DD at Punjab National Bank in Periamet was caught by an an alert bank manager. Police suspect the arrest to be the tip of a bigger racket involving inter-state gangs. A police team has gone to Mumbai for further investigation as the bogus DD was prepared there. Six persons including an astrologer have been arrested in this connection.

The JCP (Central) S.George said that the accused, Jamal Mohammed of Perambur High Road had an account with the PNB branch at Periamet. On May 6, he presented a ``DD issued by PNB, Matunga Branch, Mumbai'' for Rs.9.33 lakhs. However, Jamal's bank balance was only Rs.516. The manager on suspicion checked with his counterpart in Mumbai and learnt it was a bogus DD. The following day, when Jamal came to the bank to encash the amount he was handed over to the police.

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