India, Oct. 30 -- The alleged fraudulent transfer of more than Rs.12 crore from a Punjab National Bank (PNB) branch in Greater Noida had been underway since 2023 and involved multiple bank accounts, including those of the victims, police said on Thursday, as the number of complaints continued to rise.

The fraud came to light on Tuesday when farmers visiting the PNB Accher branch in Sector Pi-1 to withdraw money discovered that their accounts had been emptied. Several victims had received compensation for land acquired for the Noida International Airport project.

A senior police officer involved in the investigation, requesting anonymity, said the money was routed through multiple accounts, making it difficult to trace individual transac...