Bank deputy manager arrested in cyber fraud case
Delhi Police’s East District Cyber Police Station arrested a cooperative bank deputy manager on Wednesday for allegedly helping open and operate a mule bank account linked to 159 cyber fraud complaints nationwide, officials said.
Investigators arrested the accused, 42-year-old Pabitra Kumar Biswal, deputy manager at the National Urban Cooperative Bank’s New Kondli branch, after finding that a bank account he approved allegedly routed nearly Rs 67.92 crore in suspected fraud proceeds.
According to police, the account surfaced during scrutiny of complaints registered on the National Cyber Crime Reporting Portal (NCRP). Investigators found it had been used to receive and transfer money allegedly obtained from victims of cyber fraud across India.
The account was opened in the name of Mahakal Enterprises and purportedly belonged to one Shailendra Kumar Yadav. However, when investigators traced the activity, Yadav allegedly denied opening the account, visiting the bank branch or signing any account-opening documents.
Police said verification showed Yadav was not present at the bank during the relevant period, and the signatures on the account-opening forms did not match his admitted signatures. Investigators suspect someone misused his identity and credentials without his knowledge.
