Fraud gang operating from Delhi held for duping 2000 SBI customers

The gang had fraudulently collected bank account details from customers after lying to them that they had won gifts, and then used these details to illegally withdraw cash from those accounts.

By Author  |  Published: 11th Jul 2018  11:47 pmUpdated: 12th Jul 2018  1:10 am
delhi gang
Representational Image, Source: Internet

Hyderabad: The Cyberabad Cybercrime police on Wednesday arrested 30 persons, more than half of them women, operating from New Delhi on charges of cheating about 2,000 credit card holding customers of the State Bank of India, to the tune of Rs. 5 crore. Police said eight of the suspects were directly involved in the fraud. The rest were telecallers, mostly young women, working for them.

The gang had fraudulently collected bank account details from customers after lying to them that they had won gifts, and then used these details to illegally withdraw cash from those accounts. Police seized Rs 80 lakh, a car, gadgets and other material from them.

The arrested persons included Vijay Kumar Sharma, a law graduate, Abhijit Shrivastav, Sita Kumari, Ashutosh Shrivastav, Dharm Raj, Rehan Khan, Sandeep Bajaj and Vipin Kumar. All the others were telecallers.

According to the police, Sharma was the mastermind behind several online SBI credit card fraud cases registered in Delhi. He was also into textile business with a manufacturing unit as well. Sharma who frequently came to Hyderabad on business trips had met Bajaj, who runs a cloth shop here.

Partners in crime

“Sharma explained Bajaj about the business that he was carrying out in the name of SBI credit cards and that he was earning in lakhs. He convinced Bajaj to join him,” police said.

As per their plan, Sharma got two websites www.jayyshree.com and www.jeanslike.com on Bajaj’s name and linked the bank accounts opened for fraud transactions to these sites. He then contacted Abhijit Shrivastav and his wife Sita Kumari to carry out the business in the name of fake SBI credit cards by employing telecallers.

“They collected customer data from their old database and with the help of telecallers, made calls to them claiming they had won gifts. They collected the customer’s bank details including passwords and fraudulently withdrew money from the bank accounts,” police said.

The fraud came to light after authorities of SBI Cards and Payment Services Pvt Ltd lodged a complaint stating that they had received complaints from several credit card customers saying unknown persons had taken their details and carried out cash transactions into the account of Jay Shree Distributors. Further investigation revealed that Sharma’s gang was behind these transactions.