
In a major crackdown on cybercrime, five individuals were arrested in Rajasthan’s Hanumangarh district for allegedly running a large-scale cyber fraud operation. The accused are said to have opened fake bank accounts in the name of fictitious companies and carried out fraudulent transactions worth crores of rupees. Police have seized 60 bank passbooks, cheque books from multiple banks, 32 ATM and debit cards, and 11 mobile phones from the suspects. Investigations reveal that transactions totaling ₹26 crore were conducted through these fake accounts.
The arrested individuals have been identified as Akashdeep, Aditya Valmiki, Zakir Hussain, Kailash Khichad, and Nidhi Bishnoi. During questioning, the accused admitted to contacting people through fake trading apps and Telegram, convincing them to invest in the stock market, participate in illegal gaming, and engage in cryptocurrency scams. The victims were lured with promises of high returns, only to be cheated out of their money.
Wide Reach of the Fraud
Hanumangarh District Superintendent of Police Arshad Ali stated that 66 complaints of cyber fraud have been filed from 16 different states against these 60 fake bank accounts. The complaints were registered on the National Cybercrime Reporting Portal (NCRP), a central government platform for reporting cybercrimes. The police have registered a case at the cyber police station, and further investigations are ongoing.
Possible Involvement of Bank Employees
Preliminary investigations suggest that some bank employees may have assisted the fraudsters by helping them open fake accounts, enabling net banking facilities, and facilitating cash withdrawals. Police officials said that this angle will also be thoroughly investigated to determine the extent of involvement of bank staff in the scam.
What’s Next?
The police are working to trace the flow of money and identify more victims who may have fallen prey to the fraud. The case highlights the growing threat of cybercrime and the need for stricter vigilance by banks and financial institutions to prevent such scams. Authorities have urged the public to remain cautious while investing online and to verify the authenticity of trading platforms and apps before transferring money.
This arrest serves as a reminder of the importance of cybersecurity and the need for coordinated efforts between law enforcement agencies, banks, and the public to combat financial fraud. Further updates on the investigation are expected as more details emerge.
to open an account in Bank with due diligence has been talked of the past because as per RBI guidelines to obtain introduction is ruled out, even if a customer simply apply for opening of Bank account on plane white paper, the Bank is bound to open his/her account.
in my opinion how far we can apply due diligence. One most important method to eliminate the possibility of frauds, the RBI should reissue the guidelines to obtain introduction, otherwise to trace the fraud and frauduster both process are too much difficult.