NEVER Trust BANK FDs! MANAGER CHEATED & Stole ₹4 CRORE FD

Описание: In Kota, Rajasthan, a 26-year-old relationship manager named Sakshi Gupta at ICICI Bank, is accused of siphoning off ₹4.58 crore from 110 accounts (many people had more than one account) between 2020 and 2023. These accounts belonged to 41 customers, many of whom were senior citizens.

She misused the bank’s "User FD" link to prematurely break FDs belonging to 31 individuals, withdrawing ₹1.34 crore. She also opened overdraft facilities on 40 accounts and took a personal loan of ₹3.4 lakh in a customer's name—all without consent.

To stop alerts from reaching customers, she changed registered mobile numbers to those controlled by her relatives, effectively intercepting OTPs and transaction messages.

To manage the stolen funds more easily, she used an elderly woman's account as a "pool account" and transferred over ₹3 crore through it.

She invested all the money in stock-market derivatives through various trading platforms, hoping to earn quick returns. Instead, she lost everything.

The fraud was discovered in February 2023, when one FD account didn’t match record reports surprised the customer. An internal audit flagged the issue, the branch manager filed a police complaint, and Sakshi Gupta was arrested on May 31, 2025, during her sister’s wedding.

ICICI Bank has suspended her, filed an FIR, refunded all affected customers, and pledged stricter controls to prevent similar breaches.

This case highlights how a trusted employee exploited system loopholes and weak monitoring over several years—from breaching FDs to intercepting OTPs. The bank has since acted, but the incident raises important questions about internal safeguards and how banks verify digital alerts and transactions.

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