Khammam police arrests three bank employees in Rs 547 crore cyber fraud case
Police arrested three CSB Bank employees in connection with a Rs 547 crore cyber fraud case in Khammam. The accused allegedly aided the main offender, while efforts are on to trace other absconding suspects involved in the case
Khammam: Police have arrested three employees of CSB Bank in connection with the Rs 547 crore cyber fraud case registered at Sathupalli police station in the district.
Kallur ACP Vasundhara Yadav, in a statement on Thursday, said that the three bank employees were arrested for aiding the main accused in the case, Udathaneni Vikas Chowdary, his accomplices Boppana Nagapriya and CSB Bank Chandrugonda branch manager Akhil Abdul.
CSB Bank customer relations officers Orsu Krupa of Bendalapadu in Kothagudem district and Manda Sriharibabu of Bayyannagudem in Penuballi mandal, Khammam, and branch operations manager Junjunuri Radha Krishna of Maddukuru in Kothagudem were arrested and remanded to judicial custody by the investigating officer T Srihari, the ACP said.
The official further informed that police teams were currently searching for the whereabouts of several others who remain absconding in connection with the case. The accused were booked under Sections 318(4) (cheating), 319(2) (cheating by personation), 336(3) (forgery), 338 (forgery of valuable securities), read with 3(5) (furtherance of common intention) of BNS and Section 66-D of the IT Act.
It may be noted that the main accused Vikas Chowdary’s wife, Boppana Naga Priya, and a few others involved in the case were absconding. Vikas Chowdary, along with 13 others, was arrested on February 24.