Archive · 7 Jun 2025
ICICI Bank Manager Arrested in Kota for ₹4.58 Crore Fraud
Imagine a bank worker named Sakshi in Kota who took money from customer accounts without permission.
She took over ₹4.58 crore and invested it, likely losing it.
To hide this, she changed the phone numbers on the accounts so the real owners wouldn't know about the transactions.
She also misused debit cards and OTPs.
She was arrested, and the bank is helping those affected, covering any legitimate claims.
The police are investigating what happened to all the money.
Sakshi Gupta, an ICICI Bank relationship manager, was arrested for fraud.
Gupta allegedly stole ₹4.58 crore from customer accounts.
The fraud occurred between 2020 and 2023.
Funds were invested in the stock market.
Gupta altered customer mobile numbers to hide the transactions.
- Who
- Sakshi Gupta, a former ICICI Bank relationship manager.
- What
- Sakshi Gupta is accused of withdrawing funds from customer accounts.
- When
- Between 2020 and 2023.
- Where
- Kota, Rajasthan.
- Why
- Funds were invested in the stock market, and to conceal the fraud.
- Suspect
- Sakshi Gupta
- Employer
- ICICI Bank, Kota
- Amount Stolen
- ₹4.58 crore
- Customers Affected
- 41
- Accounts Affected
- 100+
- Funds Misused
- Stock Market
- Timeframe
- 2020-2023
Sources
41 victims, 110 accounts: ICICI bank official stole crores from FDs, invested in stocks, blew it all
Police arrest Kota bank employee for stealing over ₹4 crore from fixed deposits, losing it in stock market
