Around 1,200 suspicious accounts with Rs. 120 crore in deposits have been found by the Income Tax department at a Delhi-based cooperative bank, authorities said, suggesting a huge scam to convert scrapped notes. For five days, authorities said they conducted searches at the head office of Jain Co-operative Bank at Delhi's Daryaganj area and all its other branches at Karol Bagh, Shahdara, Gandhi Nagar and Laxmi Nagar.