Man cheats ICICI Bank credit card holders, arrested
Having accessed the data of over 30,000 credit card holders of ICICI Bank, a 32-year-old man used the information to make transactions.
The police said the accused, Raju Tevar, used the account details of the bank customers to make payments of electricity or telephone bills of unknown people through them. In order to make profits from such deals, he used to approach collection agents of such bills and offered them discounts on the bill amounts.
“Posing as a representative of the electricity or telephone company concerned, Raju used to take cash from these agents but made the bill payments through the credit cards, whose information he had gathered. In this way he had carried out many transactions and managed to accumulate huge amounts of cash,” said a police officer.
On how Tevar had managed to obtain the secured credit card details of the holders, the officer said he had basic information such as contact details of these account holders using which he made calls to them posing as a representative of the bank. He would then inform them that online transactions had been fraudulently made through their credit cards. As the customers would panic, he would seek classified information such as security numbers on the pretext of blocking the card and getting them a refund. After receiving a complaint from journalist Abhaya Srivastava from whose card close to Rs.45,000 was spent after she shared the details, a case was registered at Connaught Place police station. Ms. Srivastava also provided the police, the number from which she received the call.
During investigations, the police found that the amount spent from the credit card was used to pay electricity bills to Maharashtra State Electricity Board and to PayTM, a company which facilitates payment of bills online and through mobiles… FullStory