Rajkot, Apr 21 (PTI) Three officials of leading private banks have been arrested for their alleged involvement in a Rs 2,500-crore cyber fraud in Gujarat's Rajkot district, raising the number of those
held in the case to 20, police said.
So far, police have identified 85 bank accounts linked to the racket, with 535 complaints filed on the cybercrime portal.
Those arrested have been identified as Maulik Kamani, a personal manager at Yes Bank in Padadhari; Kalpesh Dangariya, a manager at Axis Bank in Jamnagar; and Anurag Baldha, a personal banker with HDFC Bank, Rajkot (Rural) Superintendent of Police Vijay Gurjar said on Monday.
Dangariya and Baldha were previously employed with Yes Bank, he added.
Kamani allegedly assisted the earlier arrested accused in opening and managing suspicious accounts. He also helped bypass banking alerts triggered by high-value transactions by submitting additional documentation to keep accounts active, the SP said.
The official said Kamani was allegedly involved in cash withdrawals that were later routed through hawala channels (an illegal money transfer system), supported by digital evidence recovered from his mobile device.
Dangariya is accused of facilitating the opening of fraudulent accounts using fake or misrepresented identities, police said.
He also assisted in structuring documentation, including Agricultural Produce Market Committee (APMC)-related papers, to prevent transactions from being flagged as suspicious, they said.
On the other hand, Baldha opened new accounts after verification and certification processes as part of the racket, Gurjar informed.
All three accused are in police custody, while others are in jail under judicial remand, the official added.
The total transaction linked to the cyber fraud exceeds Rs 2,500 crore, police said.
The earlier fraud amount was pegged by police at Rs 1,500 crore. PTI KVM PD RSY GK
