Archive · 24 May 2025
Bengal Man Arrested for Alleged Rs 4.6 Crore Fund Siphoning
A man from West Bengal has been arrested for allegedly stealing about 4.6 crore rupees from a bank account meant for school education in Goa.
It's like someone secretly took money from a school's savings.
The bank account's mobile number was changed without permission, allowing the thief to cash fake checks.
The bank supposedly didn't check the signatures properly, letting the money get transferred.
When the school officials found out, they were shocked.
The police caught one person involved and are trying to find the main person responsible and get the money back.
This person was paid to use his account, and the police are investigating further.
A man from West Bengal was arrested for allegedly siphoning off Rs 4.6 crore from Goa Samagra Shiksha Abhiyan (GSSA) funds.
The funds were intended for the implementation of school education schemes.
The misappropriation came to light when an auditor pointed out the suspicious transactions.
The accused updated the mobile number linked to the bank account and used forged documents.
The police have frozen involved bank accounts and traced the money trail.
- Who
- A man from West Bengal was arrested.
- What
- A man allegedly siphoned off Rs 4.6 crore from Goa Samagra Shiksha Abhiyan funds.
- When
- Since 2020, misappropriation came to light in April.
- Where
- Goa, India
- Why
- The funds were intended for school education schemes.
- Amount Siphoned
- Rs 4.6 crore
- Victim
- Goa Samagra Shiksha Abhiyan (GSSA)
- Location
- Goa, India
- Arrested
- One man from West Bengal
- Funds Intended For
- School education schemes
- Bank Involved
- Nationalized bank
- Date of Discovery
- April