These fake bank executives steal thousands from bank account holders through credit card, OTP scam

Delhi Police have busted a gang of cheats who posed as bank executives to dupe people of their hard earned money. The four people arrested have been identified as Pawan, Kamal, Zahid and Radha. According to police they cheated innocent people by calling them, pretending to be bank executives and taking details of their bank accounts, credit cards and OTPs.

The accused disclosed that they have cheated more than 1,000 people in the last about 2 years.

The matter came to light when a person approached the Daryaganj police station and stated that he received messages about transactions from his credit card to mobikwik for Rs 1500 and Rs 3599 though he had not used his credit card for the same. He immediately blocked his credit card. After that he received two more messages for failed transactions of Rs 31,000 to mobikwik and Rs 61,000 to Paytm on his mobile.

This happened when a person who had called him pretending to be a bank employee told him that he would get Rs 5000 as cash back but he had to provide his OTP, which he did. After this he started receiving messages of transactions from his credit card to Mobikwik and Paytm.

According to police, Pawan was the mastermind of the gang. He obtained data of the credit cards issued by banks especially the State Bank of India and Axis Bank. He also arranged SIM cards and mobile wallets on fake IDs. Radha and Bunti used to call persons using the credit card data provided by Pawan. Kamal and Zahid usually provided the bank accounts to which cash from the credit cards was transferred.

Pawan is a dropout from B.Tech 2nd semester and earlier worked in a call centre in Gurugram, Haryana. He came in contact with a person who was an online fraudster. He worked with him and learned the techniques of making fake calls and duping gullible people.

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"Two persons used to call the people whose name, credit card details, mobile numbers were available in the data procured by them pretending to be bank executives. They lured the customers by stating that they will get some cash back and their insurance amount would be refunded and took OTPs from them. After getting the same they transferred the amount from that credit card to mobile wallets like mobikwik or paytm. From mobile wallets they transferred the amount to different bank accounts," DCP Central Sanjay Bhatia said.