Monday,11 December 2017

2 held for cyber crime


Crime

2 held for cyber crime

2017-06-15 20:23:31

2 held for cyber crime

Hyderabad, June 15 ( The News )

The Cyber Crime police, Cyberabad, arrested Pallarla Praveen Kumar and Challagundla Chandra Sekhar for fraudulently using their credit cards beyond specified limits and drew Rs 1.57 crore from HDFC bank.

Nayikuni’s credit card limit was Rs 90,000 but he took away 92 lakhs while Goutham’s limit was Rs 1 lakh but he drew Rs 64 lakhs.

The bank suspectd the transactions and reported to the police. During investigation the accused were tracked by the Cyber Crime team. They arrested them and seized incriminating material evidence.

The Commissioner, Cyberabad, asserted that if banks follow Know Your Customer norms, this type of frauds can be prevented.

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2 held for cyber crime

2017-06-15 20:23:31

Hyderabad, June 15 ( The News )

The Cyber Crime police, Cyberabad, arrested Pallarla Praveen Kumar and Challagundla Chandra Sekhar for fraudulently using their credit cards beyond specified limits and drew Rs 1.57 crore from HDFC bank.

Nayikuni’s credit card limit was Rs 90,000 but he took away 92 lakhs while Goutham’s limit was Rs 1 lakh but he drew Rs 64 lakhs.

The bank suspectd the transactions and reported to the police. During investigation the accused were tracked by the Cyber Crime team. They arrested them and seized incriminating material evidence.

The Commissioner, Cyberabad, asserted that if banks follow Know Your Customer norms, this type of frauds can be prevented.