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Five employees of Yes Bank were arrested in connection with a digital arrest scam that defrauded a senior citizen in the Satellite area of Ahmedabad of ₹1.15 crore. 

On November 16, the scammers had contacted the senior citizen and falsely informed him that a CBI case had been registered under his name. They then digitally arrested the senior citizen during a video call and extorted ₹1.15 crore from him.

A complaint was filed with the Cyber Crime unit, which launched an investigation and traced the bank account details where the money was transferred. The investigation revealed that employees from Yes Bank branches in Deesa and Rajasthan were involved.

The arrested individuals include Jigar Joshi, Jatin Chokhawala, Dipak Soni, and Mavji Patel from Deesa, and Anil Manda from Nagaur, Rajasthan.

According to preliminary investigations, Chokhawala and Soni were working as personal bankers at Yes Bank in Deesa, while Patel was employed as a deputy manager at the same branch. Anil Manda was working as a personal banker at Yes Bank in the Rajasthan branch.

The accused are believed to have opened bank accounts for a Chinese gang and were assisting in money laundering activities. In exchange, they received a 10% commission on the transactions. The police have also frozen ₹63 lakh in connection with this case and seized ₹20 lakh in cash.

Police are carrying out further investigations as more serious details can emerge regarding this scam.

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