🚨 Shock & Rage: SBI Clerk Embezzles Crores, Customers' Life‑Savings Wiped Overnight! 💔

TL;DR: A junior SBI clerk at the Sadiq branch in Faridkot, Punjab, allegedly defrauded customers of over ₹5 crore by breaking fixed deposits, altering nominee details, and transferring funds—then vanished without a trace. Elderly depositors were left distraught, and the police have filed an FIR. The bank has vowed to refund victims once the probe concludes.

Yesterday morning, like any other day, depositors at SBI’s Sadiq (Faridkot) branch went in to check their accounts—but what they found was devastating. Savings, some accumulated over decades, had vanished overnight.

How the Scam Unfolded

• The clerk, identified as Amit Dhingra, allegedly broke fixed deposits without permission, changed nominee names, and transferred lakhs into different accounts. Victims discovered unauthorized withdrawals when account balances dipped—some FDs were slashed from ₹4 lakh to ₹50,000!

• The total amount is estimated at a staggering ₹5 crore, plucked from scores of customers, with nearly 100 affected.

😭 Victims Speak Out

• Paramjit Kaur, an elderly joint depositor—₹22 lakh wiped out, her dream shattered.

• Sandeep Singh saw four FDs of ₹4 lakh each reduced to a mere ₹50,000—he’s devastated.

• Many senior citizens and homemakers broke into tears—their whole life’s savings—gone. Such stories of tears and trauma shook public sentiment.

🏦 Bank & Police Response

• SBI officials confirmed the scam and stated they’ve opened cases under cheating and criminal breach of trust based on four serious complaints.

• The police are on the scent of Amit Dhingra, who is currently absconding.

• The branch’s Field Officer, Sushant Arora, said he joined recently and learned of the fraud only when complaints began flooding in.

🔍 Lessons & Warnings

1. A single insider can crush public trust in a bank once deemed “most trustworthy.”

2. Weak internal checks—how did nominee changes and FD breakages go unnoticed?

3. Such scams hurt the most vulnerable, especially elders and homemakers relying on fixed deposits for livelihood.

✊ What SBI Must Do (From the People’s Lens)

• Refund all affected customers immediately, without long delays.

• Conduct independent audits of Sadiq branch systems by a body outside SBI.

• Implement tougher checks—no FD changes should be allowed without multi-layer team approvals.

• Offer support packages (low‑interest loans, counselling) to those traumatized.

• Strengthen care for pensioners and widows; they need secure rest.

👁️‍🗨️ MediaFx Opinion (People’s Perspective)

This isn’t just a crime—it’s a betrayal of the common working people who trusted a public sector bank. When public institutions fail ordinary folk, it heightens inequality and dashes confidence in our democratic financial system. SBI must own up, refund quickly, and overhaul its systems—to live up to its public promise. If banks continue to neglect the vulnerable, they risk losing their soul.

📢 Your Voice Matters!

• Are you, or someone you know, affected? Comment below with your experience.• What reforms do you think banks should adopt to rebuild trust? Let's discuss and demand accountability—together, our voice is powerful!

#SBI #BankFraud #WorkingClass #FinancialJustice #PeoplePower