Mumbai Cyber Police Arrest 2 Bank Employees In ₹29.83 Lakh Fraud Case Involving Deceased Customer's Account
Mumbai: The Central Cyber Police have arrested a former bank branch manager and an employee in connection with an alleged ₹29.83 lakh fraud, in which funds were siphoned from the account of a deceased customer after her registered mobile number and email ID were allegedly changed using a forged customer request form. Bank staff arrested in fraud case The arrested accused have been identified as…
Mumbai's Central Cyber Police have arrested two former bank employees in connection with a fraud case involving the theft of ₹29.83 lakh from the account of a deceased customer. Rahul Panjwani, the former branch head of a private bank's Chowpatty branch, and Abhishek Verma, a bank employee, were taken into custody. The fraud was uncovered after complaints were made about unauthorized changes made to the registered mobile number and email ID linked to the customer's account, Vimla Patil, in July 2025.
The bank's internal inquiry revealed that the customer's contact details were changed on a forged customer request form, with the signatures not matching those in the bank's records. Verma reportedly informed the bank that Panjwani had instructed him to change Patil's details. The altered credentials are suspected to have been used to gain access to the deceased customer's account.
Two fixed deposits, totaling approximately ₹14.87 lakh, were allegedly prematurely closed and the funds transferred through multiple banking channels, including RTGS, NEFT, UPI, IMPS, and mobile banking transactions. Police are now investigating the alleged conspiracy, tracing the beneficiary accounts and transactions, and searching for a third accused individual. Further investigations are ongoing.
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