Coimbatore: The former chief manager of a nationalised bank was arrested by the central crime branch (CCB) of Tirupur city police on Tuesday for swindling Rs 1.80 crore from the accounts of 12 customers of the bank.
T Dhandapani, 60, of Nanjundapuram Road in the city, was the chief manager at the SR Nagar branch of Indian Bank till 2019.
During the time, he swindled money from the bank accounts of 12 customers who deposited cash in several fixed deposit schemes.
When a few customers visited the bank last year to withdraw their amount from their accounts, they were told that they had taken a loan and asked to repay the loan amount.