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Fake ATM card racket run by Romanians busted

Press Trust of India  |  Hyderabad 

Busting a fake card racket allegedly run by a four member gang of Romanians, police today arrested two of them on the charge of defrauding 46 people here of Rs 35 lakh from their accounts using cloned cards.

Vasile and his friend Mihai were the ones arrested. The other two, Ticu Bogdan Costinel and Puica Eugn Marian, are absconding and a search is on to nab them," V C Sajjanar said.

Police acted on complaints from 46 persons over fraudulent cash withdrawal from their in

During investigation, they identified four centres in from where the amounts were withdrawn by the accused.

Explaining on the modus operandi of the accused, the said Gabriel hatched a plan to collect the debit cards data from ATMs by placing skimmers and shared his plan with the others.

Subsequently, he obtained business visas to his gang members to visit India, the said.

Gabriel and came to in December 2017 and identified kiosks having no security guards. As per Gabriel's instruction, Bogdan and Marian came here and placed the skimmers at various ATMs during February-March period.

After collecting the data, Bogdan and Marian left in April. The same month, Gabriel and went to with the data, cloned the cards and withdrew Rs 35 lakh from different ATMs, he said.

The two were arrested yesterday when they again came to Hyderabad, the added.

Police seized cash totalling Rs 35 lakh, 196 skimmed cards, six skimmers and one laptop from the accused.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, May 15 2018. 16:55 IST
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