Mumbai (PTI): A court here on Sunday remanded Hitesh Mehta, the general manager and head of accounts of the New India Cooperative Bank, in police custody till February 21 in a case of alleged misappropriation of Rs 122 crore from the bank.
The police's economic offences wing (EOW) produced Mehta and Dharmesh Paun, another accused in the case, before a holiday court here.
The court remanded them in police custody till February 21 for further probe into the matter.
As per the police, Devarshi Ghosh, the bank's acting chief executive officer, lodged a complaint against Mehta and others at Dadar police station in central Mumbai on Friday for alleged misappropriation of the bank's funds.
Based on the complaint, the police registered a case in the wee hours of Saturday, and the probe was transferred to the EOW.
The complainant alleged that Mehta and his associates hatched a conspiracy and embezzled Rs 122 crore from the safes of the Prabhadevi and Goregaon offices of the bank.
A case under sections 316 (5) (criminal breach of trust by public servants, bankers, and others in positions of trust) and 61(2) (criminal conspiracy) of the Bharatiya Nyay Sanhita has been registered.
The Reserve Bank of India (RBI) on Friday superseded the cooperative bank's board for a year and appointed an administrator to manage its affairs. A day prior to that, it imposed several restrictions on the lender, including on the withdrawal of funds by depositors, citing supervisory concerns emanating from the recent material developments in the bank, and to protect the interest of its depositors.
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Hyderabad (PTI): A 27-year-old man was arrested in Hyderabad for allegedly impersonating a police official and uploading fabricated videos on social media platforms to gain followers, police said on Wednesday.
The accused, who worked as a delivery executive with a food delivery aggregator, created and circulated misleading videos using AI-based software.
He falsely depicted himself as a police official and showcased weapons, potentially causing panic and misleading the public, a release from Hyderabad Police said.
Police said it came to their notice that fake videos were being circulated on social media, showing individuals posing as police personnel and displaying weapons.
Upon preliminary inquiry, it was found that the videos were fabricated using AI software and did not represent any real police activity.
The accused unlawfully impersonated a police official and created deceptive digital content, which is a punishable offence under relevant provisions of law.
Such acts can erode public trust and create unnecessary alarm, the release said.
Acting on credible information, police teams apprehended the accused and seized a mobile phone used in the offence.
A case under relevant sections of the BNS and the IT Act, 2000, was registered at Kalapathar Police Station.
Further investigation is underway to determine whether any other persons were involved in the creation and dissemination of such content, police added.
