Financial fraud: Mumbai cybercrime police arrest one person from Karimnagar
Mumbai police arrest a Karimnagar resident in connection with a cyber fraud
Karimanagar: Mumbai cybercrime police conducted checking in Karimnagar town and arrested a person in connection with a financial fraud case.
Few days ago, a cyber fraudster gang trapped a few people and diverted Rs 1.90 crore amounts from their bank accounts. Based on a complaint lodged by the victims, Mumbai East Region cybercrime police began investigation by registering the case.
In the investigation, cops found that the amount was transferred to a bank account of a leading private bank located in Karimnagar town. Later, the amount was transferred to the bank account of the fraudster gang.
Based on that, Mumbai police came to Karimnagar on Thursday and conducted checking in bank accounts. The gang opened a bank account in the name of Mandani Impad Poor Welfare Trust. Seven persons were mentioned as truest members.
Police, who found that the gang looted the money by opening a single bank account in the name of seven members, enquired about seven persons by getting their addresses and arrested one of the gang members Farooq Ahmmad from Subashnagar, Karimangar town.
Cops shifted him to three town police station and questioned him about the fraud and collected details about other members. Natives of Karimnagar, other members are hiding in different places in Hyderabad.
Since the case was registered in Maharashtra, police took him to Mumbai on a transit warrant after producing him in Karimangar court.
Besides Farooq, another person was also taken into custody. But he was released after questioning. The search was on for other accused, police said.
