Beta-2 Kotwali Police in Greater Noida, Uttar Pradesh, have arrested two individuals in connection with a cyber bank fraud case involving nearly ₹49.40 lakh. According to police, the accused provided their bank accounts to cybercriminals in exchange for commission, which were allegedly used to transfer and withdraw fraudulent money. One of the arrested accused is a real estate businessman.
Police have recovered four mobile phones from the accused and managed to freeze around ₹5 lakh linked to the cyber fraud. Investigators are now probing the role of other individuals who may be connected with the network.
₹49.39 Lakh Fraud from Maharashtra Bank Account
According to the police investigation, the case dates back to September 10 last year, when ₹49,39,625 was fraudulently withdrawn from an account at South India Bank in Maharashtra. A complaint regarding the incident was registered on the National Cyber Crime Reporting Portal (NCRP), following which the investigation was assigned to Beta-2 Kotwali Police.
During the investigation, police found that a portion of the fraud amount had been transferred to bank accounts opened in Greater Noida. Based on digital transaction records and banking details, investigators started tracking the movement of the stolen funds.
Bank Account Provided to Cybercriminals
Police investigation revealed that ₹14.90 lakh of the fraud amount was transferred to a bank account belonging to Pritam, a resident of Ghodi-Bachheda village. Acting on this information, police detained Pritam and questioned him.
During interrogation, the accused allegedly admitted that he provided his bank account to cybercriminals in return for commission. According to police, the fraudulent money was first deposited into his account and later transferred through different channels. Investigators said that Pritam had already spent around ₹9.5 lakh from the amount received.
Role of Real Estate Businessman Revealed
Further investigation revealed the alleged involvement of Sunny Thakur, a resident of Sahibabad, Ghaziabad. According to police, Sunny Thakur operates a real estate office named ‘Shri Realtors’ in Vaibhav Khand, Indirapuram.
Investigators allege that Sunny Thakur arranged the transfer of cyber fraud money into Pritam’s bank account. Based on technical analysis and interrogation, police arrested both accused individuals.
Digital Evidence Examination Underway
Police officials said that the recovered mobile phones and other digital evidence are being examined. Investigators are trying to determine how many cyber fraud cases involved the use of these bank accounts and identify other people associated with the network.
Police suspect that the account-providing network may have been connected with several cybercriminal groups. In such cases, cybercriminals often use bank accounts belonging to other individuals to route fraudulent money through multiple layers, making it difficult to trace the actual perpetrators.
Police have taken legal action against both accused persons and sent them to judicial custody. The investigation team is now working to uncover the complete financial network behind the cyber fraud and identify other individuals involved in the operation.
