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Bank fraud by employee amount 50k


28-May-2023 (In Criminal Law)
One of my friend is under disciplinary procedure for bank fraud of Rs 50000 the amount has been recovered in full and is under suspension for past 9 months. The local police station has also been reported regarding the act in december 2018 as per the instruction of CVO. But till now he has not been called at police station for enquiry. My question is the bank will take action and him as dismissal or removal or what so ever is suitable. But will the police take action on their end as It has been reported. Does this crime leads to imprisonment if yes then is it bailable?
Answers (1)

Answer #1
778 votes
first of all tell me that what police had reported. what thay do against your friend. if full amount has recovered then what bank has done at police station. thay withdraw their case or police file a summary report..?

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