Bank employee held in ` 4.97 crore cyber fraud case

Two people, including a business development manager of a private bank in Delhi , were arrested for cyber fraud worth Rs 4.97 crore under the pretext of investment in stock market, police said.

The accused IndusInd bank employee facilitated bank accounts for cyber criminals, officials said.

Police said a complaint was received on November 30, 2024, regarding fraud of approximately Rs 4.87 crore. A case was registered at the Cyber Crime East police station under relevant sections.