Key accused in ₹120-crore cyber fraud linked to AKTU arrested

The cyber crime police station in Lucknow has arrested a key accused in the ₹120-crore cyber fraud case linked to Dr APJ Abdul Kalam Technical University (AKTU). The accused, identified as Vijay Dwarkadas Patel, 44, a resident of Chandlodia, Ahmedabad, had allegedly opened a fake account in a private bank by impersonating a bank official and diverted the defrauded funds through hawala transactions, officials said in a statement on Friday.

Patel, who ran an RTGS and hawala business, played a crucial role in circulating the embezzled funds through multiple accounts across states.