HDFC Bank scam: Account holders' savings vanished as employees invested in IPL.

New Delhi (The Uttam Hindu): A sensational case of embezzlement amounting to crores of rupees has emerged at HDFC Bank in the Betul district of Madhya Pradesh. Several account holders have accused bank employees of fabricating fake documents to withdraw lakhs of rupees from their accounts, which were allegedly invested in IPL betting.

So far, six customers have filed complaints about the disappearance of their savings. Many victims of fraud have reported that when they attempted to withdraw money from fixed deposits (FDs), they discovered that their funds were already missing.

Serious allegations have been made against the bank employees. Complainants claim that these employees withdrew money from their accounts using various methods, including fake credit cards, FDs, self-cheques, and online transactions. Many customers only became aware of the scam when they tried to access their deposits and found their accounts empty.

One customer expressed his distress, stating that he wished to withdraw money from his FD for his daughter's wedding, only to find that his Rs 5 lakh had vanished. Similar complaints have been made by other customers, who discovered discrepancies in their account balances despite having made cash deposits.

Investigation orders have been issued, and police have been accused of negligence. According to sources, some bank employees were reportedly investing customers' funds in IPL betting, although this has not been officially confirmed. When victims approached the Ganj police station to report the matter, they felt their concerns were not taken seriously. As a result, the customers filed a complaint at the Collector's office, prompting the administration to order an investigation.

The administration has stated that strict action will be taken against those responsible, and every possible effort will be made to provide justice for the victims.