The Bank of Baroda regional manager at Meerut, Rajesh Kumar Khare, lodged a complaint at the Bijnor Cybercrime police station on August 21, 2024. The case was a fraud in which an unidentified individual posing as the proprietor of a Hyundai Motors dealership in Bijnor promised a Rs 3 crore investment in the bank’s branch. Fraudulent emails and phone calls were then placed, resulting in the branch transferring Rs 9,88,500 through two RTGS transactions.
Modus Operandi: The bank manager was tricked by the scammers using a mix of emails and phone conversations. They pretended to be business owners, and they tricked the manager into moving money from the bank to other accounts by saying they had run out of checks and that they needed the money moved right away. The offenders frequently used loans or assumed the identity of company personnel to entice their victims. After obtaining the victims’ bank account information, they opened new accounts and made money transfers.
Arrest and seizure: Dharmveer and Bunty, two accused individuals from Delhi, were taken into custody by the Cyber Crime police and the SWAT squad. In addition to driving licenses and passport-sized pictures, the police also confiscated 48 cell phones, 18 Aadhaar cards, 5 PAN cards, 5 bank passbooks, 9 checkbooks, 3 identity cards, 16 debit cards, 1 dongle, and other fraudulent documents. In addition, bank accounts totalling Rs 3,90,000 were frozen, and Rs 1,64,000 in cash was confiscated.
Team Head: The operation was led by Ajay Singh, Station Officer, Cyber Crime Police Station, Bijnor.
Also read: Unveiling the Ethical Imperatives: Navigating the Intersection of AI and Cybersecurity
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