PNB Branch Manager Helps Expose Cyber Fraud Ring: 35 Fake Accounts Opened for Laundering
In a recent investigation, Sanjay Kumar Ram Das, the branch manager at PNB’s Kurla Takiya ward branch, helped expose a major cyber fraud scheme involving the opening of 35 fake bank accounts. These accounts were allegedly used to deposit and withdraw illicit money, linked to an international money laundering operation.
Suspicious Activities Lead to Investigation
The manager became suspicious when he noticed a customer frequently visiting the branch, each time accompanied by a different person. The individuals were involved in opening new bank accounts under various names. After further investigation, the accounts were traced to illicit activities, including overseas money transfers.
Arrest of Amir Firoze Maniyar
Amir Firoze Maniyar, a resident of Karjat, was arrested after it was discovered that he had opened 35 bank accounts for fraudulent purposes. These accounts were used to launder money and transfer it overseas. Police are now investigating the full scope of the operation and the possible involvement of other individuals.
Rising Threat of Cyber Fraud in Banking
This case highlights the growing challenge of cyber fraud in the Indian banking sector. As criminals continue to exploit the system, banks must implement more robust safeguards to detect and prevent fraudulent activities. The case also demonstrates the importance of employee vigilance in identifying potential frauds.
Investigation and Global Connections
The Kurla police are continuing their investigation, tracing the money transferred through the fraudulent accounts. The police are working with international law enforcement agencies to uncover the global network involved in this money laundering scheme.
Thanks to the alertness of PNB’s branch manager, a major cyber fraud operation has been exposed. The police investigation is ongoing, with efforts to identify all parties involved and put an end to this criminal activity.
Saathee Global
