Crores siphoned from bank accounts by hackers

Bank websites were hacked by a gang of crooks who fraudulently obtained customer data and emptied their bank accounts. The mastermind behind the plot has been arrested by the police but his accomplices, comprising of a hacker, an accountancy specialist and a bank operations expert, have been identified by the police and teams have been deployed to several states to capture them.

The gang smartly targeted foreign customers to avoid complaints in India. The amount siphoned by these crooks is suspected to be around several crore. The police suspect the involvement of bank personnel also an investigation is on to determine how the banks issued card swiping machines without proper verification of the merchant.

The mastermind behind the plot has been identified as Arun Kumar,a resident of Kannauj, UP. His accomplices too have been identified as Yasin, Jitender, Vikas and Sanjeev. On August 5, the chief manager of a bank in Nehru Place filed a complaint regarding an incident of cheating by the owner of a company called Blue Waves Technology. Similar incidents had been reported in parts of Delhi and NCR.

On August 7, a trap was laid with help of bank officials and Arun was apprehended.