Bank Fraud Unveiled: IDFC Bank Employee Among Three Arrested

Gurugram Cyber police arrested three individuals, including an IDFC Bank assistant branch manager, for their role in a cyber fraud linked to fake stock market investments. They allegedly provided bank accounts to cyber criminals. The case unfolds after a victim's complaint led to an investigation.

The Cyber Crime Unit of Gurugram Police has made notable progress in cracking down on a cyber fraud scandal involving fake stock market investments. Among those apprehended are an assistant branch manager from IDFC Bank and two accomplices, the authorities confirmed on Monday.

The bank official, Abhishek Tiwari, is accused of facilitating the creation of bank accounts for cyber criminals. His arrest, alongside co-conspirators Deepak Rajput and Rajendar Kumar, followed a complaint filed on September 11 by a victim who was swindled through fraudulent investment schemes.

Investigations reveal that Tiwari, positioned at IDFC Bank's Model Town branch in Delhi since earlier this year, opened a bank account under the guise of a fictitious firm. This account was reportedly used in fraudulent activities, netting him Rs 10,000. Authorities are currently extending their probe into the full extent of the scam.

(With inputs from agencies.)