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New Delhi: If you have a credit card with major banks, there is a good chance that your personal details will be sold to crooks who will attempt to siphon the money from your card by masquerading as a bank executive. Recently, several armed and paramilitary personnel were targeted by Delhi-based NCR cybercriminals who had leaked their credit card data to a third-party data management company.
The revelation came after STF Noida dismantled a gang of credit card crooks and arrested four Ghaziabad fraudsters. Officials say the gang has duped thousands of credit card holders and has been operating since last year. Cops seized the data of 50,000 credit card holders from different banks, which mainly include military and paramilitaries as customers.
The case was resolved after an NDRF staff member approached cops whom he was duped by unidentified criminals who posed as a bank executive called him to ask him to put upgraded the security features of his card and requested a one-time password (OTP) sent to his mobile.
Explaining the modus operandi, Deputy Superintendent of Police, STF, Raj Kumar Mishra told MyNation, “The heart of this scam is the credit card data leak, which in this case was made by an executive. Money Mantra, a company that manages data for banks. It sold the data to crooks who then hired telephone operators to call as a bank executive and request the OTP of customers claiming the bank is improving the security of their card The money was sent to online wallets like PayTM and Mobikwik, which were opened using fake details and a SIM card.
Mishra explained that the gang was working on commission. Each gang member got 10 percent for successfully performing their job. “Operators were paid 10% of the amount they were able to extract from customers. Likewise, other gang members who organized mobile logins on fake ID cards and bank accounts also received a 10% commission. They also rented bank accounts and paid the account holder a commission to keep their money and then pass it on to them, â€Mishra said.
Those arrested have been identified as Baldev Singh, Sanjit, Tapeshwar and Gajendra. The cops are trying to figure out how many people they cheated on and how much money they extracted. Cops contacted the bank whose customer data was found with the gang, which includes City Bank, Axis, ICICI, IndusInd, RBL and others. “We will write to the bank to find out how their clients’ confidential data is being sold. Officials at the data management company are also being questioned for data breach, â€said Raj Kumar Mishra.
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Last updated on May 21, 2019, 5:07 PM IST
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