Loan app fraud: Fake letters to ICICI bank, case booked

According to the police, the fraudsters sent a courier to the ICICI bank in Gurgaon containing letters bearing the name and stamp of Hyderabad City Police asking them to unfreeze 38 accounts, which were frozen on the request of the Hyderabad Cybercrime Police last year

Hyderabad: The Hyderabad Cybercrime Police have registered a case against unidentified persons who sent fake letters in the name of the Hyderabad City Police to the ICICI bank in Gurgaon asking the bank to unfreeze bank accounts connected to the loan app fraud case.

According to the police, the fraudsters sent a courier to the ICICI bank in Gurgaon containing letters bearing the name and stamp of the City Police asking them to unfreeze 38 accounts, which were frozen on the request of the Hyderabad Cybercrime Police last year.

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“Bank officials grew suspicious on receiving the courier and in turn sent it to us for confirmation. We told the bank that it was not sent by us. The bank officials lodged a complaint against the fraudsters and a case is registered,” said KVM Prasad, ACP (Cybercrime), Hyderabad.

In another case, the fraudsters used a similar trick and managed to get Rs 1.18 crore transferred from the Alipore branch of ICICI bank. The bank accounts were frozen on request of the Hyderabad Police in connection with the loan app fraud case.

“The bank received a letter bearing the name of Kolkata Cybercrime Police and the bank officials. On getting the letter, the bank lifted the freeze orders, which were given by the Hyderabad Police. The fraudsters managed to transfer Rs 1.18 crore,” the police said. A case was registered in Kolkata after the bank lodged a complaint.

The Hyderabad Police had registered several cases and nabbed a few persons including Chinese nationals in connection with the loan app fraud case. The police also seized several bank accounts connected to the fraud. The police will soon be filing the charge sheet in the court against the suspects in the case.

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