ATM Cash Loading Fraud Rocks Bengaluru: Over Rs 1.37 Crore Misappropriated

• Two separate cases of ATM cash loading fraud have been registered in Bengaluru, totaling over Rs 1.37 crore misappropriated.
• Employees entrusted with loading cash into ATMs allegedly diverted funds for personal use over 1.5 years.
• The fraud came to light after two employees of a private company filed complaints at Koramangala police station.
• Accused collected cash from a currency chest but failed to deposit portions into designated ATMs.
• Cases registered under Bharatiya Nyaya Sanhita for criminal breach of trust and cheating; investigation is ongoing.

Why It Matters: Over Rs 1.37 crore was misappropriated in an ATM cash loading fraud in Bengaluru by entrusted individuals.