Use of Bank Accounts for Cyber Fraud: One Arrested

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The Kodagu District Cyber Crime Police have arrested a person in connection with a cyber fraud case involving the misuse of bank accounts opened under various pretexts, including scholarships and home loans.

The accused has been identified as Karan, a resident of Ichalubidu village in Yesalur. A case was registered against him at the Kodagu District Cyber Crime Police Station on July 13, 2026.

According to the police, the accused allegedly facilitated the opening of bank accounts in the names of several individuals by citing reasons such as scholarships, home loans and other financial requirements. The investigation revealed that these accounts were subsequently operated on behalf of the account holders and were allegedly used to carry out cyber fraud.

Following the investigation, the accused was traced, arrested and produced before the jurisdictional court.

Preliminary investigation has revealed that transactions amounting to more than ?35 lakh were carried out through the bank accounts allegedly used for the cyber fraud.

The Kodagu District Police have appreciated the officers and staff involved in identifying and apprehending the accused in the case.

 

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