Karnataka Police Arrest Bank Manager-Led Gang for Siphoning ₹12.51 Crore Via Corporate Data Theft
The Statesman Siliguri|December 29, 2024
The Karnataka Police have arrested a gang of four individuals, led by the Manager of the Corporate Division at Axis Bank in Gujarat, for siphoning off crores of rupees by stealing sensitive data from a company, officials said on Saturday.
AGENCIES

The Bengaluru East CEN police (Cybercrime, Economic Offences, Narcotics) apprehended the suspects and seized Rs 1.83 crore in cash, two mobile phones, and a fake Corporate Internet Banking (CIB) form, according to Bengaluru Police Commissioner B. Dayanand.

The investigation began after the Director of Dream Plug Pay Tech Solutions Private Limited (CRED) in Bengaluru filed a police complaint on 15 November with the CEN East police station. The complaint alleged the siphoning of Rs 21.51 crore from the company's accounts and requested an investigation.

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