The Gurugram cyber police have arrested Rahul, a Deputy Manager at the State Bank of India (SBI), in connection with a major cyber fraud case that saw a victim lose over Rs 52 lakh. Rahul, who was working at the Sector 17 branch of SBI, allegedly provided bank accounts to cybercriminals to facilitate fraudulent transactions. This arrest brings the total number of bank employees arrested for cybercrime this year to 15.According to the police, the fraudster used Rahul’s bank account to help transfer Rs 9 lakh from the victim, who had been duped with promises of high returns from stock market investments. The crime, which was reported in February, was investigated by the Gurugram cybercrime police, leading to Rahul’s arrest on Wednesday. The police have already arrested two other individuals in connection with this case.The investigation revealed that Rahul had opened fraudulent bank accounts and made them available to his criminal associates for the purpose of executing cyber fraud. The police believe this is part of a growing trend, where employees of various private and public sector banks are being exploited by cybercriminals to facilitate illegal transactions.
As cybercrime continues to rise, the Gurugram police have intensified their efforts to break the nexus between bank employees and fraudsters. Rahul’s arrest marks the 15th instance this year where a bank employee has been arrested for their involvement in cybercrime.