Cyber Crime
Ex-Bank Officer arrested By Delhi Cyber Police in a Digital Banking Fraud
NEW DELHI: In a significant breakthrough, the Cyber Cell of Dwarka District has apprehended a former bank employee implicated in an extensive cyber fraud operation. This arrest marks a crucial development in the resolution of 153 separate fraud cases.
The accused, whose arrest comes after a detailed investigation, is alleged to have exploited the banking system by deceiving unsuspecting villagers. Posing as a loan provider, the fraudster persuaded these individuals to allow him to open bank accounts in their names. Under the pretense of providing financial assistance, he gained their trust and subsequently used these accounts for illicit activities.
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The investigation revealed that these accounts were not used for legitimate financial transactions. Instead, they were instrumental in facilitating a series of fraudulent SMS scams. The accused used these accounts to receive and launder money obtained through deceptive messages sent to various targets. By exploiting the bank accounts of innocent people, the fraudster was able to obscure the origins of the illicit funds and perpetuate his fraudulent schemes.
The Cyber Cell’s meticulous efforts led to the recovery of several crucial items from the suspect. Authorities seized a debit card, a check book, and a mobile phone during the arrest. These items are believed to be integral to the fraudulent operations. The debit card and check book were used to conduct financial transactions, while the mobile phone likely played a role in managing the scam and communicating with accomplices.