New Delhi, June 10 -- Delhi Police's Cyber Police Station in East District has arrested a Deputy Manager of a cooperative bank for allegedly facilitating the opening and operation of a mule account linked to 159 cyber fraud complaints reported across the country, officials said on Wednesday.

According to police, the account was used to receive and route proceeds of cyber frauds and witnessed transactions worth approximately Rs 67.92 crore. Two mobile phones were recovered from the accused during the investigation.

The accused has been identified as Pabitra Kumar Biswal (42), a Deputy Manager at National Urban Cooperative Bank. Police said he was arrested after an investigation revealed alleged violations of Know Your Customer (KYC) norm...