CBI ARRESTS TWO ACCUSED IN A BANK FRAUD CASE

Face2News/Lucknow

The Central Bureau of Investigation (CBI) has arrested two accused persons in a bank fraud case. The CBI registered the instant case on 15.01.2026 based on a written complaint of Bank of India against the accused. It was alleged that the accused private persons, in conspiracy with unknown public servants and others, fraudulently opened a fake bank account in the name of Uttar Pradesh Forest Corporation (UPFC) at Bank of India, Sadar Branch,

Lucknow by using forged KYC documents, fabricated authorization letters and fake board resolutions. Based on such forged documents, the accused induced the bank to transfer Rs. 64.82 Crore into the said account for creation of FDRs purportedly on behalf of UPFC. Subsequently, the accused allegedly diverted and transferred Rs. 6.95 Crore through RTGS to six beneficiary firms located in Kolkata and New Delhi. The fraud was detected when UPFC officials informed the bank that no such authorization had been issued and that the accused persons had no association with UPFC.

During the investigation, the CBI team with coordinated and concerted efforts conducted extensive searches across multiple states to trace the absconding accused persons. After sustained surveillance, coordinated searches, and extensive field operations, the accused persons were successfully located and arrested.

The accused persons were produced before the Court of Special Judge, Anti-Corruption, (West) Lucknow, which remanded them to Police Custody till 16.05.2026.