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Former bank employee held for fraud

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Mohali, December 14

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The police have arrested a former bank employee, Sarabjit Singh, for duping a person of Rs20 lakh on account of a land deal (150 yards). The suspect was produced before the court on Tuesday and was remanded in police custody for three days. Complainant Balbir Singh said the suspect had taken a Letter of Intent (LOI) and Rs20 lakh from him but did not execute the deal. The police said Sarabjit has already booked in two cases. 

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