Mumbai: Mumbai’s Dadar police have registered an FIR against Hitesh Mehta, General Manager and Head of Accounts at New India Cooperative Bank, for allegedly embezzling ₹122 crore from customer accounts. The case has been booked under sections 316(5) (criminal breach of trust by a banker) and 61(2) (criminal conspiracy) of the Bharatiya Nyaya Sanhita.
The complaint, filed by 48-year-old Worli resident Devashri Gosh on February 15, alleges that Mehta and his associates misappropriated funds from the bank’s Prabhadevi and Goregaon branches. Following the FIR, the Dadar police transferred the case to the Economic Offences Wing (EOW), which has taken over the investigation.
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