IDFC First Bank fraud: 4 arrested in ₹590-crore case; here’s how they allegedly executed the scam

Four people have been arrested in the ₹590-crore IDFC First Bank fraud case. Haryana’s State Vigilance and Anti-Corruption Bureau made the arrests on 24 February evening as a part of the ongoing investigation, PTI reported.Among those arrested are two former IDFC First Bank employees, Ribhav Rishi and Abhay. The other two accused are Abhay’s wife, Swati Singla, and her brother, Abhishek Singla. They are private individuals and run a partnership firm.The Anti-Corruption Bureau (ACB) earlier registered an FIR ...