• Bribe Fighter
  • 8 years ago

Axis Bank Narela Branch are offering/helping customers convert 500 & 1000 old notes thru fraud schem

Reported on November 13, 2016 from New Delhi , Delhi  ι Report #134090

Axis Bank, Bawana Road,narela, New Delhi, officials are helping customers deposit large amount of old 500 and 1000 notes by opening new bank accounts in name of fictitious customers and without proper KYC documents. They are asking for 20-25% commission to convert 500 and 1000 rupee old notes into new notes.

They are also cheating the customers by underreporting the deposit and than depositing the money into their own accounts. If you do a proper auditing of all the staff account and new accounts opened after 8th November you will many bank accounts are been opening without documents. I spoke with Mr. Khan in the branch but he knew all was happenning but the teller and operations team and told me to get my notes changed if i want to..

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