Punjab Police Cyber Crime Cell busts multi-crore bank fraud racket
Punjab Police Cyber Crime Cell on Thursday claimed to have busted a hi-tech multi-crore Bank fraud racket operating across the state. The fraudster siphoned off the account money in 5 Bank accounts opened on fake identities and later on withdrew the cash through ATMs and self cheques.
A spokesperson of Bureau of Investigation said that Vijay Kumar, Location Manager Investigation, Risk Intelligence and Control Unit, HDFC Bank submitted an application on alleging a fraud of around Rs. 2 crore from a bank account of the HDFC Bank in a tech savvy manner.
The modus operandi was that the fraudsters shrewdly changed the Email IDs and Mobile Numbers registered with the bank account of the victim to identical mobile numbers and email Id thereby updating their own mobile number and e-mail id in the targeted account hence becoming the virtual controllers of that account.