EARNING A fat salary was not
enough for 27-year-old
Citibank assistant manager
Ramneek Singh.
The MBA degree holder and
software engineer by profession
chose another way of
making quick bucks. He got
together with industrialist
Kanwaljit Singh Saluja (48)
and his son Jasmeet Singh (24)
and duped bank customers.
Using confidential information of ‘high valued’ bank customers
provided by Ramneek,
the father-son duo ordered gold
credit cards from the bank.
They gave addresses of offices,
which they hired for a month,
across Punjab and took delivery
of the cards on these
addresses.
“Once they got the credit
cards they shopped for gold
coins from jewellery shops in
Delhi, Mumbai, Ahmedabad
and Chandigarh.They sold the
gold in the grey market,” said
Neeraj Thakur, DCP (crime).
“They shared the booty and
had even bought a Skoda
Octavia and an Opel Astra car
from the money.”
The accused had opened 20
fake bank accounts and made
Rs 1 crore in the past 10
months. Police said they also
bought 3 kg gold and two luxury
cars from the money.
The Crime Branch received
a complaint from Citibank,
Delhi,on May 29, this year and
arrested the men from
Ahmedabad on June 16. They
were brought to Delhi on
Monday.
“They started in August 2008
when Singh met the father-son
duo in Ludhiana. Kanwaljit
had suffered losses in his business
and he promised
Ramneek a decent cut and
lured him to pass on information
to him,” said the DCP.
Early this month Jasmeet's
wife Amandeep Kaur (26) was
arrested in Ahmedabad while
buying gold from a jewellery
store with a forged credit card.
Ramneek told the police that
he was in the bank’s sales division
and had to achieve targets
and so he was lured into the
trade bythe other two accused.
htreporters@hindustantimes.com
EARNING A fat salary was not
enough for 27-year-old
Citibank assistant manager
Ramneek Singh.
The MBA degree holder and
software engineer by profession
chose another way of
making quick bucks. He got
together with industrialist
Kanwaljit Singh Saluja (48)
and his son Jasmeet Singh (24)
and duped bank customers.
Using confidential informa-
tion of ‘high valued’ bank customers
provided by Ramneek,
the father-son duo ordered gold
credit cards from the bank.
They gave addresses of offices,
which they hired for a month,
across Punjab and took delivery
of the cards on these
addresses.
“Once they got the credit
cards they shopped for gold
coins from jewellery shops in
Delhi, Mumbai, Ahmedabad
and Chandigarh.They sold the
gold in the grey market,” said
Neeraj Thakur, DCP (crime).
“They shared the booty and
had even bought a Skoda
Octavia and an Opel Astra car
from the money.”
The accused had opened 20
fake bank accounts and made
Rs 1 crore in the past 10
months. Police said they also
bought 3 kg gold and two luxury
cars from the money.
The Crime Branch received
a complaint from Citibank,
Delhi,on May 29, this year and
arrested the men from
Ahmedabad on June 16. They
were brought to Delhi on
Monday.
“They started in August 2008
when Singh met the father-son
duo in Ludhiana. Kanwaljit
had suffered losses in his business
and he promised
Ramneek a decent cut and
lured him to pass on information
to him,” said the DCP.
Early this month Jasmeet's
wife Amandeep Kaur (26) was
arrested in Ahmedabad while
buying gold from a jewellery
store with a forged credit card.
Ramneek told the police that
he was in the bank’s sales division
and had to achieve targets
and so he was lured into the
trade bythe other two accused.
htreporters@hindustantimes.com