Chennai: Jewellery loans on golds are offered at Syndicate Bank in Nandanam. Murali from Tiruvallikeni is a jewellery appraiser in this bank. On the 30th, the bank officials inspected the gold jewellery provided by the bank for the jewellery loan.
Then they discovered that the fake jewellery had been swindled. It has been revealed that one crore 20 lakh rupees have been swindled through fake jewellery since 2018.
The ongoing investigation by the bank officials revealed that the swindled had been carried out by jewellery appraiser Murali. Following this, Praveen Kumar, senior branch manager of Syndicate Bank, lodged a complaint with the Chennai Central Crime Branch Police.
During the investigation, it was revealed that Murali, a jewellery appraiser, had brought fake jewellery to the bank through friends and relatives he knew and had swindled money by claiming that they were genuine gold jewellery. Following this, Crime Branch police arrested jewellery appraiser Murali and his companion Shanthi for allegedly being complicit in the swindle.