Betul Police Bust Gang Behind ₹10 Crore Cyber Fraud

Betul, Madhya Pradesh — The Betul Police on Thursday uncovered a gang that used Pradhan Mantri Jan Dhan Yojana bank accounts to commit cyber fraud. Police arrested three men: Raja alias Ayush Chauhan (28), Ankit Rajput (32), and Narendra Singh Rajput (24).

According to police, the gang cheated people of almost ₹10 crore by misusing several Jan Dhan accounts in the same bank.

The fraud came to light after Bisram Evne (40), a Jan Dhan account holder, filed a complaint. He had visited the bank for KYC updates and was shocked to learn that transactions worth around ₹1.5 crore had been made from his account without his knowledge.

Further investigation showed that the gang had carried out transactions worth about ₹9.84 crore from the accounts of Bisram, Narmada Evne, Mukesh Uike, Nitesh Uike, Amol, Chandan, and deceased account holder Rajesh Barde.

How the gang operated
The gang changed the mobile numbers linked to these accounts, got new ATM cards issued, and activated internet banking. They then transferred money from these accounts. A temporary employee at the bank also helped them in this fraud.

Police said most of the illegal transactions were done from the account of the deceased, Rajesh Barde.

The investigation is ongoing.