‘Mastermind’ of Rs 400-crore Citibank scam dies of TB at Delhi hospital

Shivraj Puri, the alleged mastermind behind the 2010 Citibank scam of Rs 400 crore in Gurgaon, who was consigned to Bhondsi Jail, died on Thursday morning. He was undergoing treatment for tuberculosis at a hospital in Delhi. He was arrested in November 2020 for his alleged involvement in a fraud case registered at Kharki State Police Station.

County Jail officials said the 46-year-old died around 9:30 a.m. Thursday. A prison official, who asked not to be named, said, “He had been suffering from tuberculosis for some time and was taken to a hospital in Mehruli, Delhi. The hospital informed us that his condition deteriorated on Thursday and he passed away.”

Puri is alleged to have perpetrated a scam amounting to Rs 400 crore when he was an employee of Citibank branch in Gurgaon. Police said he allegedly forged bank documents and transferred Rs 400 crore from people’s accounts there to other private bank accounts. He was arrested after the bank filed a complaint against him for allegedly stealing money. He was released on bail after two years and six months.

At the time, the Execution Directorate was investigating the case against him. Police said that when he was due to appear in Sessions Court in 2018 to appeal the case, he could not be traced back. Subsequently, the session court declared him a suspected criminal.

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