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
July 22,2020

Bengaluru, July 22: Complete lockdown on Sundays and daily night curfew would continue across Karnataka to contain the coronavirus spread, a top officia.

"Though lockdown will be lifted from 5 am on Wednesday across the state, night curfew will continue daily from 9 pm to 5 am to restrict movement of people and vehicles. Total lockdown on Sundays will also continue on July 26 and August 2," said state Chief Secretary T.M. Vijaya Bhaskar in an order here.

The order to unlock Bengaluru and four other districts - Dakshina Kannada, Dharwad, Kalaburagi and Kodagu, which have been under 7-9 day lockdown since March 14 night came after Chief Minister B.S. Yediyurappa declared that lockdowns would not be re-imposed across the state hereafter.

Besides restrictions in containment areas to control the virus spread, the order banned reopening of gyms and prevented use of benches in parks by walkers or joggers.

"All vegetable and fruit markets in cities and towns across the state will be shifted to the suburbs or outskirts to decongest them and prevent crowding," said the order in Kannada.

Wearing mask, sanitising hands and maintaining social distancing will be strictly enforced and violators will be fined.

Suburban train and metro services will continue to remain shut till further orders.

Select long-distance express trains will continue to operate as per the standard operating procedure given by the Union Ministry of Home Affairs on May 30.

"State-run and private buses in cities and on intra-state and inter-state routes will operate with limited number of passengers to ensure physical distancing. All buses will be sanitized and fumigated after every trip," said the order.

Schools, colleges, cinema theatres, multiplexes will remain shut to prevent crowding and violation of social distancing.

Ban on religious functions and mass gatherings will also continue.

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News Network
March 4,2020

Bengaluru, Mar 4: CM BS Yediyurappa may reconsider plans to hike taxes and curtail populist schemes in his budget on Thursday as the Centre released part of GST compensation it owes the state. Officials said the Centre released the first instalment of the bimonthly compensation for October-November amounting to Rs 2,013 crore.

"This is welcome relief as the government has been scrambling to mobilise funds," said BT Manohar, member of GST consultative committee, government of Karnataka. The second instalment of Rs 1,523 crore is also expected to be released soon.

The CM, in his seventh budget, is expected keep the focus firmly on farmers and give top priority to irrigation, agriculture and welfare schemes.

The irrigation sector is expected to land the lion's share with an allocation of at least Rs 25,000 crore, followed by agriculture. Former CM Kumaraswamy had allocated over Rs 17,000 crore for water resources.

The bulk of funds is likely to go to the Upper Krishna (UKP) and Upper Bhadra projects, as it will help backward Kalyana Karnataka and central Karnataka regions. The two are also significant political blocs. The government will also seek assistance from the Centre for the UKP project in the erstwhile Hyderabad-Karnataka region, which enjoys special status under the Constitution owing to its backwardness. P4

Yediyurappa is also expected to spell out populist schemes for the poor.

Former CM HD Kumaraswamy had allocated Rs 17,212 crore in the previous budget for water resources and Yediyurappa is likely to go well beyond that figure. "Priority will be given to irrigation and farmers," Yediyurappa had said recently. "I am making efforts to present a budget within the financial constraints."

he amounts are released once every two months, but the Centre had fallen behind on payments. PX

"There are indications that another payment will be made."

The state's optimism stems from the fact that the Centre's GST collection crossed the Rs 1 lakh crore-mark for four successive months till February.

However, the CM could still hike tax rates marginally. At a pre-budget meet on resource mobilisation where Yediyurappa is learnt to have expressed willingness to borrow funds, officials from the finance department advocated raising tax rates instead.

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News Network
April 11,2020

Bengaluru, Apr 11:  Amid nationwide lockdown in the wake of COVID-19, former Karnataka Chief Minister HD Kumaraswamy on Saturday urged the state government to announce a relief package for farmers.

Prime Minister Narendra Modi on Saturday held a video conference with Chief Ministers.

Taking to Twitter, Kumaraswamy wrote, "As the lock down continues, what action plan does the government have to tackle the challenges of ensuring marketing channels for farm produce with timely transport and ensuring uninterrupted supply of essential groceries to towns and cities?"

He later asked the government to act "swiftly and effectively".

"On one hand we see farmers throwing their produce in despair and losing their livelihoods. On the other hand supplies to towns are depleting. This is threatening both lives and livelihoods. The government must act swiftly and effectively," Kumaraswamy tweeted.

"I urge the state government to immediately announce relief package to farmers by way of direct benefit transfer mechanism and purchase all the agricultural produce so as to avoid farmer suicides," he added.

With 40 deaths and 1,035 new COVID-19 cases in the last 24 hours, India on Saturday witnessed a sharpest ever increase in coronavirus cases, taking the tally of the infected people in the country to 7,447, according to the Ministry of Health and Family Welfare.

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