Man Rented Out 18 Bank Accounts for Commission, Over ₹1.5 Crore in Transactions – Arrested by Police

Kawardha, cg

In a significant breakthrough amid rising cyber fraud cases in Chhattisgarh’s Kawardha, police have arrested a man named Mohan Jaiswal who opened a total of 18 bank accounts in his and his parents’ names and rented them to fraudsters on commission.

These accounts were being used by cybercrime gangs for online frauds. Transactions exceeding ₹1.5 crore have already been traced through these accounts. The police have arrested Mohan and sent him to judicial custody.

According to the police, Mohan Jaiswal came in contact with cyber fraudsters via social media. He used to keep a 10% commission from the defrauded amount and transferred the remaining money to other accounts. He has been identified as a resident of Podi outpost in Surajpura. Multiple cases are registered against him across eight states in India.

The police have recovered numerous bank passbooks, checkbooks, and other related documents from Mohan. Superintendent of Police Dharmendra Chhavaiya stated in a press conference that this arrest may uncover a larger cyber fraud network. He also appealed to the public not to share their bank accounts or personal documents with strangers and to stay alert to cybercrimes.