CBI Dismantles High-Stakes Digital Scam, Arrests IndusInd Bank Manager

The CBI conducted raids in Telangana and Andhra Pradesh, arresting three individuals, including an IndusInd Bank manager, for their role in a ₹1.6 crore digital scam. The operation follows the Supreme Court's directive, highlighting the agency's zero-tolerance policy against cybercriminals exploiting banking systems.

CBI Dismantles High-Stakes Digital Scam, Arrests IndusInd Bank Manager
Representative image (File Photo/ANI). Image Credit: ANI
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In a sweeping operation against cybercrime, the Central Bureau of Investigation (CBI) executed coordinated raids at five locations in Telangana and Andhra Pradesh on Saturday. The operation led to the arrest of three individuals, one of whom is an Assistant Manager at IndusInd Bank, accused of participation in a high-stakes digital scam.

Responding to the Supreme Court's directive for zero-tolerance on cybercriminals exploiting banking systems, the investigation focused on a complex extortion tactic termed 'digital arrest.' This method sees scammers impersonate law enforcement officials, coercing victims under threat of immediate legal action unless a settlement is paid.

Key arrests include an IndusInd Bank official, allegedly facilitating the creation of a corporate account used to collect over ₹1.6 crore from a senior citizen, and two others managing 'mule accounts' to obscure the scam's financial trail. The CBI seized incriminating materials during searches, revealing an extensive network of compromised accounts.

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