₹1800 Crore Cyber Scam Exposes Tribal Students
• Students Duped, Crores Laundered
• Tribal Youth Used in Mega Cyber Heist
Unmesh Gujarathi
Sprouts News Exclusive
Contact: +91 9322755098
Sprouts News Exclusive
Contact: +91 9322755098
A massive ₹1800 crore cyber scam has surfaced in Dungarpur, Rajasthan, where tribal students’ bank accounts were misused for suspicious transactions. MP Rajkumar Roat has written to the DGP and Finance Minister, alleging collusion by bank officials. Sprouts News SIT reveals systemic exploitation, police apathy, and demands a CBI probe for justice and accountability.
Contents
- ₹1800 Crore Cyber Scam Exposes Tribal Students
- Cyber Scam: Bank Employees Implicated in Large-Scale Tribal Identity Fraud
- Fake Promises, Real Transactions: Students Discover Crores Moved Through Their Accounts
- Cyber Scam Spreads Across South Rajasthan: Banswara, Udaipur, Pratapgarh Also Affected
- Regulatory Blind Spots and Law Enforcement Failures Under Scrutiny
- Sprouts SIT Demands CBI Probe and Financial Redressal for Affected Students
- Also Read: Delhi High Court Fines Advocate Gulshan Babbar ₹1.25 Lakh for Repeated Petitions.
- Sprouts News Verdict
Cyber Scam: Bank Employees Implicated in Large-Scale Tribal Identity Fraud
A shocking cyber fraud involving nearly ₹1800 crore has come to light in Dungarpur, Rajasthan, where tribal college students were allegedly exploited to open bank accounts used for suspicious financial transactions. The revelation came through a formal complaint sent by Rajkumar Roat, Member of Parliament from Banswara-Dungarpur, to Rajasthan DGP Rajiv Sharma and the Union Finance Minister.
According to the MP’s letter, employees from multiple banks—including IndusInd Bank, HDFC Bank, Axis Bank, and Bank of Maharashtra—set up informal enrollment camps in the region and encouraged students to open accounts with promises of PAN cards, scholarships, educational loans, and government job opportunities.
While full sets of identity and income documents were collected from hundreds of tribal students and their families, no ATM cards or passbooks were ever issued. Students were told to wait due to “technical errors”—a stall tactic now suspected to be part of a premeditated financial racket.
Fake Promises, Real Transactions: Students Discover Crores Moved Through Their Accounts
Following repeated delays in receiving banking materials, some students independently tracked their accounts—only to discover massive transactions running into crores of rupees under their names. Alarmed, they approached the local police. But instead of launching a probe, the police allegedly harassed the complainants and their families, raising serious concerns about local administrative complicity.
The Sprouts News Special Investigation Team (SIT) has learned that these accounts may have been used as money mules in large-scale financial laundering operations, raising questions about bank KYC violations, internal collusion, and systemic negligence.
Cyber Scam Spreads Across South Rajasthan: Banswara, Udaipur, Pratapgarh Also Affected
MP Rajkumar Roat has clarified that this is not an isolated Dungarpur incident. Similar cases of cyber and banking fraud involving tribal youth are surfacing in Banswara, Pratapgarh, and Udaipur—indicating a coordinated network operating across South Rajasthan.
In his letter, Roat demanded urgent intervention from both the state police and central authorities. He emphasized that the scam has deep socio-economic implications for the already vulnerable tribal population, many of whom now face possible legal scrutiny for transactions they never authorized.
Regulatory Blind Spots and Law Enforcement Failures Under Scrutiny
The Sprouts News SIT has found that multiple RTI applications filed by students and activists to access details of bank account openings and transaction logs have gone unanswered. This suggests stonewalling by banking institutions and a broader failure of transparency protocols.
Additionally, KYC procedures appear to have been bypassed or manipulated—an offense under RBI norms. Yet, no immediate suspensions or internal audits have been initiated by the concerned banks, despite the gravity of the allegations.
Instead of investigating how ₹1800 crore was routed through the accounts of unsuspecting students, law enforcement agencies appear to have focused on discrediting the victims, pushing them into further legal and financial distress.
Sprouts SIT Demands CBI Probe and Financial Redressal for Affected Students
Given the scale, planning, and institutional involvement in this scam, the Sprouts News Investigation Team (SIT) strongly recommends the following:
•Immediate CBI investigation into the cyber fraud and financial network.
•Suspension and investigation of bank employees involved in unauthorized account creation and misuse.
•Full refund and legal immunity for affected students, whose identities were used without informed consent.
•Accountability of local police officers for mishandling complaints and intimidating victims.
If left unaddressed, this scam could become a national crisis of trust in India’s banking and governance systems, particularly for marginalized tribal communities who are already on the periphery of formal financial inclusion.
Also Read: Delhi High Court Fines Advocate Gulshan Babbar ₹1.25 Lakh for Repeated Petitions.
Sprouts News Verdict
The ₹1800 crore Dungarpur cyber scam stands as a dark reminder of how banking systems can be weaponized against the most vulnerable. Tribal students were not only financially exploited but also pushed into a web of legal, digital, and emotional trauma—with little protection from the very systems meant to serve them.
Sprouts News SIT urges the Rajasthan government, Union Home Ministry, and RBI to act swiftly and transparently. Failing to deliver justice here will embolden more such schemes to flourish across India.
• This report is based on verified letters by MP Rajkumar Roat, bank documents, student testimonies, and field intelligence gathered by the Sprouts News Special Investigation Team (SIT).
