On August 31, 2007, Rustom Tehmuras Banker, an officer of Bank of India, was felicitated by senior bank executives and police officials for unearthing a fake demand draft (DD) scam which would have led to crores of rupees loss to the Bank, as per a write-up forwarded to Parsiana. Banker played a crucial role in coordinating with the Bombay Police authorities in nabbing and arresting unscrupulous elements who had defrauded the Bank by way of fake DDs worth Rs 78.97 lakhs.
The process of recovering the money was complicated, Banker explained, when he visited the Parsiana office. Since......