India, Sept. 28 -- A suspended Bank of India officer is accused of siphoning Rs.16.10 crore from vulnerable customer accounts, and gambling nearly every rupee on share market wagers, crypto transactions, and internet games.

The man at the centre of it all, 32-year-old Hitesh Singla, was arrested in a moving train in Gujarat after a dramatic multi-state hunt last week. He is now in judicial custody.

The fraud came to light when Singla suddenly stopped showing up at the office, and internal audits started raising red flags over discrepancies in accounts. The Bank of India, spooked, tipped off the Central Bureau of Investigation (CBI), which promptly filed an FIR in early August. That set off a nationwide hunt.

As per the Enforcement Dire...