Bengaluru: 4 bank staff, 4 mule account holders held for trading fraud

Four Axis Bank employees and four mule account holders have been arrested for their role in a trading scam, defrauding a Yelahanka businessman of Rs 1.5 crore. The police froze Rs 29 lakh of fraudulent accounts and found Rs 97 crore in transactions. Nine suspects remain at large.

Bengaluru: 4 bank staff, 4 mule account holders held for trading fraud
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Four Axis Bank employees and four mule account holders have been arrested for their role in a trading scam, defrauding a Yelahanka businessman of Rs 1.5 crore. The police froze Rs 29 lakh of fraudulent accounts and found Rs 97 crore in transactions. Nine suspects remain at large.