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Man held for stealing money from Andhra Bank accounts

The accused was identified as 28-year-old S Mallikarjuna Rao of Uravakonda in Anantapur district.

Published: 12th January 2017 03:56 AM  |   Last Updated: 12th January 2017 03:56 AM   |  A+A-

By Express News Service

VIJAYAWADA: In yet another cyber fraud, the city police on Wednesday nabbed a man for stealing money worth Rs 57,000 from Andhra Bank accounts using the secret PIN of ATM cards. The accused was identified as 28-year-old S Mallikarjuna Rao of Uravakonda in Anantapur district.

According to police, two Andhra Bank account holders lodged complaints with the One-Town police in the city in October 2016 about money being stolen out of their accounts online. During investigation, the police traced the bank account and mobile number of Rao.

They found that he used to observe the secret PIN and last eight digits of the ATM cards of Andhra Bank account holders, in particular, while standing in queues at the ATM centres. He then used to transfer amount from their bank accounts to his. He also did extensive online shopping in an e-cart portal.

Having traced his mobile number to Hyderabad, the Vijayawada police nabbed him and brought him the city. He has committed five online frauds thus far.



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