Peon of nationalised bank in police net for Rs 1.58 crore cyber fraud in Odisha

Bihar: In a major crackdown against cyber crooks, the cyber cell of Cuttack has detained a peon of a nationalised bank in Bhojpur district for swindling off over Rs 1.58 crore in cyber fraud.

The accused has been identified as Bikash Singh. Singh defrauded funds worth Rs 1.58 crore during his stint as the peon. Singh has also been associated with cyber criminals for a few years.

During investigation conducted by Economic Offences Wing (EOW) of Bihar Police, it was revealed that Singh used to collect details of bank accounts having deposits of more than Rs 1 crore and pass the information to the racket.

Photocopies of several cheques provided by the branches of the bank in Subarnapur, Jagatsinghpur and Cuttack to their customers were retrieved from Singh’s phone.

Meanwhile, as per Cuttack



cyber police, one of Singh’s close relatives from his in-laws’ side had introduced him to the cyber-crime racket. Singh used to collect details of accounts having deposits of more than Rs 1 crore during the closing time and share the information to the cyber criminals.

This is the second case of cyber-crime, by a peon of a nationalised bank that involved over Rs 1 crore. This fraudulent activity was too found out by EOW of the Bihar Police. The fraudsters had syphoned off Rs 42 lakh from the official account of Agriculture department Executive Engineer at Cuttack Nua Bazar branch of Bank of Baroda, media further reported.

The cyber criminals had withdrawn around Rs 46 lakh from the official bank account of Handlooms department Assistant Director in Jagatsinghpur and Rs 70.42 lakh from the account of Subarnapur Mahavidyalaya.