Pabitra Kumar Biswal arrested over 67cr cyber fraud in Delhi
A deputy manager at a co-op bank in Mayur Vihar, Delhi, has been arrested for helping run a massive ₹67 crore cyber fraud.
Pabitra Kumar Biswal allegedly opened fake accounts by skipping KYC checks, including one for Mahakal Enterprises.
Between June and October 2025, huge sums were moved through this account, which eventually set off alarms with the Ministry of Home Affairs.
Shailendra Kumar Yadav traced to Rohini
Investigators traced Shailendra Kumar Yadav to Mahakal Enterprise's given address in Rohini and found Shailendra Kumar Yadav, whose details had been stolen from job portals to open the fraudulent account.
Yadav denied ever visiting the bank or signing any documents; his signatures didn't match either.
Biswal later admitted he skipped verifying papers and addresses properly.
Police recovered two mobile phones from the accused and are still looking for the man who came to open the accounts.