Archive · 28 Oct 2025
Ex-Bank Officer Arrested by CBI for Rs 16 Cr Cheating Scheme
A man who used to work at a bank has been arrested again.
This time, the CBI, which is a type of police, arrested him.
He is accused of taking a lot of money, over 16 crore rupees, from the accounts of 127 people who trusted the bank.
He allegedly moved this money into his own accounts.
Investigators think he might have used the money to buy things on the stock market or even cryptocurrencies.
He was already arrested by another agency called the ED about a month ago.
A judge has ordered him to stay in the CBI's custody until November 1 so they can ask him more questions and figure out where all the money went.
A former bank officer, Hitesh Singla (32), has been arrested by the CBI.
Singla is accused of cheating a bank and 127 account holders out of Rs 16.10 crore.
He allegedly transferred funds from customer deposit accounts to his personal accounts.
The CBI suspects the money was diverted into stock market investments and cryptocurrency dealings.
Singla was previously arrested by the Enforcement Directorate (ED) over a month prior to this arrest.
- Who
- Hitesh Singla, a 32-year-old former staff officer of a national bank
- What
- Arrested by the CBI for allegedly cheating a bank and 127 account holders out of Rs 16.10 crore by transferring funds from customer accounts to his personal accounts.
- When
- Arrested on Monday (prior to the article's publication)
- Where
- The case involves a national bank and its deposit accounts; Singla was sent to CBI custody.
- Why
- Allegations of transferring funds from customer accounts into personal accounts for suspected diversion to stock market investments and cryptocurrency dealings.
- Accused
- Hitesh Singla (32), former staff officer of a national bank
- Amount Cheated
- Rs 16.10 crore
- Number of Victims
- 127 account holders
- CBI Custody End Date
- November 1
- Previous Arrest
- By Enforcement Directorate (ED) over a month ago