Archive · 14 Dec 2025
Bank Employee Arrested for Embezzling ₹65 Lakh
A bank employee named Somil Tiwari was arrested for stealing money from customer accounts.
He took about ₹65 lakh and used it to trade stocks.
The bank found out when a customer's cheque bounced, and they looked into it.
Tiwari admitted he took money from accounts that weren't used much and moved it around using fake accounts and cheques.
The police are still checking to see how much money he took and what else he did.
In a separate case, the Delhi Police also caught people involved in a fake forex trading scam that was run from Dubai.
Somil Tiwari, a 29-year-old Punjab and Sind Bank employee, was arrested for embezzling ₹65 lakh from customer accounts.
The stolen funds were used for stock market trading, with Tiwari attempting to cover losses by withdrawing more money from accounts.
The fraud was discovered after a customer reported a bounced cheque, leading to an internal investigation.
Tiwari confessed to targeting inactive accounts and creating fake accounts to facilitate fraudulent RTGS transfers and cheque misuse.
The police are continuing their investigation to determine the full extent of the fraudulent activities.
- Who
- Somil Tiwari, a 29-year-old employee of Punjab and Sind Bank
- What
- Embezzled ₹65 lakh from customer accounts to invest in the stock market
- When
- Arrested in November, investigation initiated on November 21
- Where
- Ghaziabad, Uttar Pradesh
- Why
- To fund stock market trading and cover incurred losses
- Accused
- Somil Tiwari, 29
- Amount Embezzled
- ₹65 lakh
- Bank
- Punjab and Sind Bank
- Location
- Ghaziabad, Uttar Pradesh
- Crime
- Embezzlement, Fraudulent Transfers, Share Trading
- Investigation Status
- Ongoing
