Chandigarh, April 21 -- Police have registered another FIR against Ribhav Rishi, bank manager of IDFC First Bank who has already been arrested for his involvement in the Rs.116-crore Chandigarh Municipal Corporation fixed deposits fraud and CREST Rs.83-crore fraud.

The FIR was lodged on the complaint of Taranjot Kaur Bains, a resident of Hounslow in the United Kingdom, who alleged that Rishi diverted Rs.2.5 crore from her account in 2020. As per officials, the complaint was received via e-mail and the prima facie, the modus operandi appears to be similar to the one used by the accused in the bigger frauds.

Police have registered a case under Sections 316(5) (criminal breach of trust), 318(4) (cheating), 338 (forgery of valuable, will or...