IOB Bank manager, four staff held for fraud
Thursday, November 30th, 2017Mangaluru : Five employees of Indian Overseas Bank, including its manager, have been arrested for allegedly embezzling Rs 55 crore in fixed deposits in the name of Karnataka Rural Infrastructure Development Limited. Suratkal Police arrested IOB manager Serin Madhusudan and the other four and produced before a court, which remanded to judicial custody, police said. […]