Two arrested for cloning ATM cards by rigging POS machines

Image
Press Trust of India Khandwa (MP)
Last Updated : Jan 22 2020 | 10:40 PM IST

Two men who cloned ATM cards by rigging card-swiping machines and withdrew money from card-holders' accounts have been arrested by the police here, an official said on Wednesday.

Abid Ansari (34), resident of Uttar Pradesh, and Kartikeyan (32), resident of Bhopal who is an engineer by training, were arrested from Ujjain in Madhya Pradesh last week.

Superintendent of Police (SP) Shivdayal Singh said that Ansari sold handloom products in different cities.

The Point Of Sale (POS) machine which he used to receive payments through debit or credit cards was allegedly fitted with a 'skimming device' which recorded card details.

Kartikeyan allegedly cloned the cards using these stolen details and used them to withdraw money from card- holders' accounts.

The two had prepared around 1,000 cloned cards in the last three years, the SP said, adding that 65 cloned ATM cards, skimming devices, a laptop and other equipment were recovered from their possession.

So far eight victims of the fraud have filed complaints with the police in Khandwa, he said. Further probe is on.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Jan 22 2020 | 10:40 PM IST

Next Story