Lucknow: Bank Manager, Two Others Arrested for Aiding Cyber Fraud Syndicate

The Lucknow Cyber Cell and Cyber Police Station have arrested three people, including a deputy branch manager of a private bank, for allegedly helping cybercriminals open fake firm accounts used to channel proceeds from large-scale fraud.

The main accused, identified as Uttam Vishwas, was found to have opened several current accounts in the names of non-existent firms. His associates, Umakant Verma and Rajiv Vishwas, allegedly created fake documents and helped transfer funds obtained through cyber fraud into these accounts.

Investigators said that proceeds from cybercrimes committed across at least seven states — including Uttar Pradesh, Bihar, West Bengal, Andhra Pradesh, and Haryana — were routed through the accounts opened by the accused. Preliminary findings revealed that around ₹6 crore had been transferred to just three of these accounts.

Authorities believe the accused had opened 10 current accounts under fake firm names to facilitate the illicit transactions. The money trail is linked to more than 40 cyber fraud cases registered across multiple states.

Police said further investigation is underway to trace other individuals and bank employees who may have been involved in the network.