Mumbai: Bank employee wanted for Rs 4 cr cashback fraud

A bank employee has been booked for allegedly embezzling Rs 4.1 crore by way of cashback for credit card holders. The accused, Nitin Khare, who worked on a contractual basis, diverted cashback on 83 credit cards held by 56 customers, the police said. He was used to handle the data of customers' shopping and cashback earned.

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