STOCK MARKET BSE NSE

Two held for fraudulent transactions

Even as ATMs remain dry while operational ones have serpentine queues outside them, two persons were found to be collecting debit card details from customers at ATM kiosks and withdrawing cash without

Published: 20th December 2016 02:51 AM  |   Last Updated: 20th December 2016 05:56 AM   |  A+A-

By Express News Service

HYDERABAD: Even as ATMs remain dry while operational ones have serpentine queues outside them, two persons were found to be collecting debit card details from customers at ATM kiosks and withdrawing cash without their knowledge.
The Cyberabad Cyber Crime police arrested two persons, Ravipati Madhavarao and Kancharla Srikanth Babu, both from Andhra Pradesh.

The accused have withdrawn around `17 lakh from ATMs without the cardholders’ knowledge.
According to police, on Nov 28, K Manikumar, resident of Gajularamaram, Jeedimetla, lodged a complaint with police stating that transactions of `70,000 had taken place from his account without his knowledge.

He noticed seven online transactions, each of `10,000 which he did not do. Based on the complaint, police registered cases and took up investigation.
During the investigation, cops collected the account transactions details and CCTV footage from Andhra Bank. Police identified the miscreants and kept close vigil on their offences.

Stay up to date on all the latest Hyderabad news with The New Indian Express App. Download now

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp