Two more people have been arrested in Hyderabad in connection with a major cyber crime case involving ₹175 crore. The recent arrests include an SBI manager from Shamsheerganj and a gym trainer.
The Cyber Security Bureau found that ₹175 crore was illegally transferred through six fake bank accounts. The arrested individuals have been identified as Babu Gali, an SBI manager, and Sandeep Sharma, a teacher.
Investigations revealed that these suspects worked with fraudsters to open fake bank current accounts. These accounts were then used to withdraw large sums of money. The stolen money was transferred to the accounts of cyber criminals, and in return, the arrested individuals received commissions for their involvement.
The police are continuing their investigation to gather more details and identify any additional suspects involved in this scam.
