In a startling revelation in Panruti, Tamil Nadu, police have detained three individuals involved in a sophisticated operation running a counterfeit SBI branch for a staggering three months. Moreover, another member specialized in crafting counterfeit rubber stamps, crucial for their deceptive operation. Upon verification, the SBI Zonal office confirmed only two authorized branches in Panruti, raising concerns about the authenticity of the third. SBI officials, upon inspection, uncovered an intricately replicated facade mimicking a genuine SBI branch, equipped with identical systems and infrastructure. The swift intervention led to the dismantling of the counterfeit operation before it could inflict any damage.

Source: News 24 January 06, 2024 04:45 UTC