Sujan Sumer Matthew, a former employee of the IDBI Bank, was recently nabbed and arrested by the Coimbatore Cyber Police for embezzelment of money.
Krishnamurthy, who was earlier working with Viscous, had retired in 2011. After that he wanted to deposit an amount of Rs.2 crores at the IDBI Bank that he had put together by selling his ancestral land along with some money contributed by his sister.
The then bank manager, Sujan Sumer Matthew, advised him to invest in mutual funds as that will give greater returns to which he obliged. For the first 9 months he received the interest regularly, but slowly it started getting delayed.
Later on enquiring, Krishnamurthy came to understand that Sujan had attached his name and opened a joint account with Krishnamurthy in order to embezzle money. He was on the run after that.
After his escape in 2011, it is only in the near past that the Cyber Police came to know of his whereabouts and were able to arrest him.