Relationship managers of ICICI Bank in Indore withdrew crores of rupees by resetting the passwords of customers’ accounts. Police have arrested six people including three relationship managers. The accused have withdrawn crores of rupees from the accounts of big businessmen of Punjab, Gujarat, Telangana and Madhya Pradesh.
By Prashant Pandey
Published Date: Thu, 09 Jan 2025 11:25:09 AM (IST)
Updated Date: Thu, 09 Jan 2025 11:34:47 AM (IST)
HighLights
- Police arrested 6 accused from Indore, Mandsaur, Telangana and Andhra Pradesh.
- Goods worth Rs 20 lakh including expensive mobiles, smartwatches, play stations seized.
- The accused were withdrawing money by breaking into the bank’s system.
Naiduniya Representative, Indore. A shocking revelation has been made in the fraud worth lakhs of rupees in ICICI Bank. Vijayanagar police has arrested six people, including three relationship managers. The managers used to withdraw the money by resetting the passwords of the customers’ current accounts.
Police claim that the accused have withdrawn crores of rupees from the accounts of big businessmen of Punjab, Gujarat, Telangana and Madhya Pradesh. Goods worth Rs 20 lakh including expensive mobiles, smartwatches, bikes, game play stations have been recovered.
broke into the bank’s system
According to DCP (Zone-2) Abhinay Vishwakarma, a fraud report was lodged on December 10 by Jaideep Patidar, Cluster Manager of the branch located at Scheme-54, that corporate internet banking customers M/s RK Budhraja, Kanhaiyalal Enterprises were being defrauded by cyber criminals by breaking into the bank’s system. Lakhs of rupees have been withdrawn from other accounts as well.
After checking the mobile and SIM card, the police caught the bank’s Kamal Kumawat and his brother-in-law Stanley Jacob along with Abhishek Malviya, Luvdeep alias Lucky Singh, Krishna Thakur and Arunu late on Tuesday night.
Used to buy gift vouchers from Amazon
Accused Kamal and Abhishek are relationship managers at Scheme-54 and Stanley branch in Manasa. Master mind Kamal used to reset the passwords of customers’ accounts and buy gift vouchers from e-commerce website Amazon.
During the initial interrogation itself, the accused admitted to withdrawing Rs 53 lakh from the accounts of many big businessmen of Punjab, Gujarat, Telangana and Madhya Pradesh. According to DCP, the amount will reach crores of rupees. The expert has asked for information about the accounts from the bank.
The manager bought fake SIM cards from Telangana and got them destroyed by sending a person by flight.
Accused Kamal is knowledgeable about technology. He tried hard to dodge the police. The accused had started the fraud with a fake SIM card. With the help of Abhishek, he bought fake SIM cards from Kagaznagar Adilabad, Telangana and used them in the new phone.
He also started taking information about accounts and passwords from Stanley. After withdrawing money from about 12 accounts, he sent Luvdeep alias Lucky to Telangana by flight and got the SIM cards destroyed so that the police could be misled and the direction of investigation could turn towards Telangana, Hyderabad.
The truth came out through IP address
In return, Kamal gifted Lucky a flight ticket, cash and an expensive phone. Initially the police was investigating the involvement of cyber criminals from Hyderabad. Even after being suspicious, Kamal was released, but when the cyber expert checked the IP address, it was found that Kamal had tampered with the bank’s system.
Police arrested them
Teams of Lasudia, Kanadia, Vijaynagar and cyber experts were formed for the raid and Kamal son of Roshan Kumawat resident of Chitranagar, Abhishek son of Rajendranath Malviya resident of Tulsinagar, Luvdeep alias Lucky Manjetsingh resident of Chitranagar, Stanley son of Patrick Jacob resident of Gandhinagar, Krishna son of Anil Kumar Thakur resident of Santhi Colony Kagaznagar Adilabad and Arunu were arrested.
According to the DCP, the accused also used fake address to order mobile phones online by selling gift vouchers. He used to collect the parcel from the delivery person on the way so that the police could not reach his house.
