Global credit card fraud worth Rs 100 cr busted in Bengaluru

DHNS
July 16, 2017

Bengaluru: Jul 16: A Sri Lankan national and two Bengalureans have been arrested for defrauding bank customers in different countries of a staggering Rs 100 crore by faking their credit cards in what is believed to be a massive online racket.

fraudstars

Divyan, a 30-year-old man from Jaffna, Sri Lanka, teamed up with Nawaz Shariff (22), a resident of Kanakanagar, and Nadeem Shariff (30), from HRBR Layout, to cheat credit card holders from Australia, Japan, Germany, Britain and other European countries. The gang targeted customers from these countries presuming that police would not come to India in search of them.

The suspects used an ingenious method to commit the fraud. First, they bought credit card data from shady websites. They then purchased magnetic swipe cards from e-commerce firms and used the secret data to clone credit cards. The next step was to contact businessmen from Haryana, Delhi, Mumbai and Puducherry who operate in Bengaluru and use point of sale (PoS) machines. They convinced these businessmen to allow them to swipe the credit cards at their PoS machines and promised them attractive commission on each transaction.

At this stage, the suspects acted cautiously. They always carried out transactions of low amounts so as to avoid scrutiny. Once the transactions were done, money would get transferred from the original card holders’ accounts in foreign banks to the businessmen’s bank accounts in India.

Foreign currency gets automatically converted into Indian rupees in case of credit card transactions. In these cases, credit cards were used and money was transferred without any sale taking place. Around 36 shopkeepers, some of the relatives of the suspects and bank officials were also part of the racket which had been going on for several years now and proved a money-spinner for all those involved.

The trio’s luck, however, ran out when they bought three LED television sets for Rs 1.1 lakh at Vishnupriya International, a home appliances store at Doddakallasandra, on June 21 and used a fake credit card to make the payment. The credit card turned out to be of a person from Bengaluru. The customer immediately blocked the card after receiving a message from the bank. The transaction was cancelled.

A team of the Central Crime Branch (CCB) happened to visit Canara Bank to investigate the increasing cases of online fraud. The bank staff informed the police about the illegal transaction at Vishnupriya International. The suspects had left a trail: they had given their phone number at the time of placing the order for the LED sets.

CCB sleuths started tracking them on the basis of the phone’s location and traced them to a three-bedroom flat at Prestige Collingwood in Jalahalli. During the raid, police found 144 fake credit cards, 16 fake driving licences, 36 card swipe machines, a card reader, a lamination machine, a card-printing machine and 270 plain cards.

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ayes p
 - 
Tuesday, 18 Jul 2017

what about other right wing organisations!!

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News Network
April 29,2020

Bengaluru, Apr 29: Janata Dal-Secular leader and former Karnataka chief minister HD Kumaraswamy on Tuesday accused the central government of writing off loans of those who are facing charges of fraud.

In a series of tweets, Kumaraswamy slammed the central government.

"Really? At a time when the whole world is worried about unprecedented economic emergency, writing off Rs 68,000 crore loans of willful big fish defaulters became the best antidote to the economic crisis? And how is 50k cr package to mutual funds going to help the common man?" he tweeted.

In another tweet, Kumaraswamy said that "Billionaire scamsters like Vijay Mallya, Mehul Choksy, Sanjay Junjunwala seem to be very dear to this government".

"Na khaunga, na khane dunga" is yet another jumla unraveled. Billionaire scamsters like Vijay Malya, Mehul Choksy, Sanjay Junjunwala seem to be very dear to this government. The poor are dying by the roadside, farmers are desperate, the middle class is faced with economic doom.

The government has done little to help. But it writes off loans of those who are facing charges of fraud! What patriotism! What nationalism!" he tweeted.

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News Network
June 18,2020

Mysuru, Jun 18: The Karnataka government's proposal announced on Thursday to hold online classes for students amid concerns over COVID-19 has not gone down well with thousands of tribal students residing in villages across the state.

A team from Karnataka State Commission for Protection of Child Rights (KSCPCR) visited a few tribal hamlets in Mysuru and Kodagu recently and found that the students, unlike their urban counterparts, lack accessibility to not just smartphones and computers, but basic necessities like power supply.

''When such is the situation in the tribal hamlets, how can you expect students to catch up on their studies if classes are held online?'' wondered M L Parashurama Member, KSCPCR, who toured villages like Thithimathi, Beematagere, Devamachchi and Gaddadi in Kodagu's Virajpet taluk, besides Bavali, Balyadi, Machchuru, and Anemone in Mysuru's HD Kote taluk along with Chairperson Antony Sebastian.

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News Network
January 1,2020

Kalaburagi, Jan 1: Fighting penury and partial blindness in one eye, a 39-year-old part-time Kannada lecturer from Kalaburagi district is set to become a commercial tax officer after cracking the Karnataka Administrative Services.

Ambadas Kamble, from Kotana Hipparaga village in Aland taluk, had to take a three-year gap during his school and college years - one-year break after completing Class VII and two years to clear subjects after he failed in II PU examinations. During those three years, he joined his brothers in masonry work to supplement the family's income.

Sweeping aside all hurdles with grit and determination, Ambadas studied Kannada literature for both undergraduate and postgraduate to land the post of a part-time lecturer in a Kalaburagi college. His father died when he was a child, and mother Chandamma supported her family of six - besides, Ambadas, she has two sons and two daughters - by working in houses in the neighbourhood.

Ambadas said he would like to dedicate his success to his mother, who died in the year 2012. "My mother encouraged me to chase my dream - financial difficulties notwithstanding - and allowed me to spend time in the library when my siblings were busy doing menial jobs to fund my education. I'm grateful to my brothers too," he said.

His two brothers are working as masons in Mumbai, having quit studies midway and deciding to support Ambadas - the first in the family to complete graduation. He did high school at Tadkal village in Aland taluk, and college in Kalaburagi.

The lecturer, who's 40% blind in the right eye, cracked the KAS examinations in his third attempt and stood 706th in the state. He has been selected for first-grade officer's post. Alongside, he's doing PhD in Kannada literature.

When his efforts finally paid off, Ambadas landed four job offers: Hostel warden at Morarji Desai hostel, at an SC/ST hostel, post of a lecturer and the tax officer's post. He picked the fourth to serve the state in right earnest.

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