India, April 13 -- Cyber cell of Pimpri-Chinchwad police has arrested a man for providing mule bank accounts to two fraudsters, including one from Pakistan, based in Dubai, said officials on Saturday.

According to the police, the incident was reported on March 24 when a senior citizen who retired from the state irrigation department lost Rs.2.52 crore in a share market fraud. The accused, who later became a police witness, contacted the complainant on social media and promised him high returns on investments. The senior citizen approached the police when he realised of being duped.

Police found that the fraud money was credited in a bank in Beed district and detained the account holder, who confessed to handing over the account details ...