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CBI arrests Axis Bank manager in Mumbai for facilitating cyber fraud, digital arrest scams

Justin, 12/11/202512/11/2025

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New Delhi, Nov 12 (IANS) The Central Bureau of Investigation (CBI) has arrested the bank manager of a private bank in Mumbai for his active role in facilitating account opening. The agency gave this information on Wednesday.

The accused, identified as Nitesh Rai, bank manager of Axis Bank, was arrested on November 11.

According to the investigation, it was revealed that the arrested bank official colluded with cyber criminals to accept illegal bribes and “abuse his official position to process account opening forms and thereby create channels for circulation and stratification of cyber crime proceeds.”

The CBI highlighted that the investigation has also established that these accounts were actively used in several cyber crimes, including cases of digital arrest fraud.

“A case of offense under Prevention of Corruption Act and BNS was registered against him. The accused was produced before the competent court in Mumbai and remanded to CBI custody for further interrogation,” the CBI said in a press note.

Two cyber criminals who paid illegal gratification to the bank manager have also been named as accused in the FIR for committing offenses under the Prevention of Corruption Act related to paying bribe to a public servant.

Both the men were already arrested by the CBI in connection with the investigation into the ongoing Digital Arrest cyber crime case.

“The material collected during the investigation indicates a widespread pattern of organized cyber crime networks that exploit banking systems by opening accounts to conceal cyber fraud amounts stolen from innocent citizens,” the agency said.

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It is pertinent to note that any active or passive role of a banker, including private and co-operative banks, “in abetting cyber crime will make them liable for action under the PC Act as well as BNS, and the CBI is committed to take action against such bankers.”

CBI reiterates its commitment to identify and dismantle the cyber crime infrastructure that is exploiting, luring and defrauding innocent citizens.

–IANS

SAS/UK

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