Miscreants involved in the ATM fraud busted by the Mohali Crime Branch in collaboration with Kerala Police duped four banks of over 2 crore. Preliminary investigations by the Mohali Cyber Crime Cell have revealed that the four banks Federal Bank of India,UCO Bank,Punjab National Bank (PNB) and State Bank of India (SBI) were duped of over 2 crore
Also,the Cyber Crime Cell has identified four more co accused involved in the case. Sources disclosed that all four are from Ludhiana and run a business. Over two dozen miscreants,members of four different gangs are involved in the fraud. Members of one of the gangs have been arrested by the police. Those involved in other three groups are yet to be apprehended.
Other than the Federal Bank of India,the accused also duped other banks. Investigation conducted till now has revealed that money withdrawn fraudulently may well be over 1 crore rupees. This is in addition to the one crore fraudulently withdrawn from the Federal Bank of India. Four to five more persons involved in this fraud have been identified said Pradeep Kumar,IPS,Senior Superintendent of Police (SSP),Cyber Crime Investigation,Mohali. He added that the police are cross checking facts with the bank authorities in order to reach a conclusion. The accused who were till now in police custody have been remanded to judicial custody by the Mohali Court.
Kumar said that they are looking into the involvement of employees of the private bank. He said that the accused during their police interrogation had revealed that some employees of a renowned private bank had charged money from the accused to open fictitious accounts. The staff charged money to open fake bank accounts of the accused. Other employees,in order to please their bosses,opened accounts without confirming the identity of the accused.
We are looking into the involvement of employees. We will find out whether the involvement was limited to issuance of fictitious accounts or further, said Kumar.