Three held in Hyderabad for aiding cyber fraudsters with bank accounts

Hyderabad Cybercrime police arrested three Andhra Pradesh residents for aiding online fraudsters by providing bank accounts for illegal transactions. The accused received commissions on each transfer. Police seized mobile phones and debit cards used in the crime. Investigation is underway

Hyderabad: The Hyderabad cybercrime police arrested three persons who were allegedly involved in online fraud. The police seized three mobile phones and two debit cards from them.

The arrested are Madathala Ramesh Reddy (25), Gandi Srinu (31) and Gurrpukonda Sridhar (43), all residents of Andhra Pradesh.

---

According to the police, the trio had opened accounts in different banks and shared the credentials with cyber fraudsters in exchange for a commission on every transaction.

The bank accounts were used to transfer funds from the victims of cyber fraud, said the Cybercrime police.