Indian among 4 charged over cyber bank robbery attempt in UK

Image
Press Trust of India London
Last Updated : Sep 15 2013 | 5:45 PM IST
A 27-year-old Indian was among four arrested in the UK over an alleged attempt to rob a Spanish bank of millions of pounds by taking control of its computers.
Akash Vaghela, Asad AliQureshi (35) Lanre Mullins-Abudu (25) and Dean Outram (34) yesterday appeared at Westminster Magistrates' Court charged with conspiracy to steal.
The three men have been remanded in custody by District Judge Howard Riddle and will next appear at Southwark Crown Court on September 27. Vaghela was released on bail until the same date.
The Metropolitan Police had arrested 12 men aged between 23 and 50 in London on Friday but later charged only four with conspiracy to steal millions of pounds from a London branch of Spanish bank Santander, BBC reported.
Eight other people have been bailed to a date in mid-November pending further inquiries.
The cyber gang is alleged to have tried to use a "keyboard video mouse" to take control of all the branch's computers.
It is alleged one of the plotters posed as an engineer in an attempt to fit a computer in the bank in south-east London with a "keyboard video mouse" device that allowed them to transmit its desktop contents.
Detectives say the hardware could have "allowed the suspects to take control of the bank's computer remotely", and potentially allowed them to siphon millions.
Detective Insp Mark Raymond said: "This was a sophisticated plot that could have led to the loss of a very large amount of money from the bank, and is the most significant case of this kind that we have come across.
A spokesman for the bank said: "The attempt to fit the device to the computer in the Surrey Quays Branch was undertaken by a bogus maintenance engineer pretending to be from a third party.
"It failed and no money was ever at risk. No member of Santander staff was involved in this attempted fraud."
A bank spokesman added that Santander was aware it was a target and it had been working with the police for three or four months before the bogus engineer attempted to connect the device.
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Sep 15 2013 | 5:45 PM IST

Next Story