Hyderabad: Cyber fraudsters who are hacking to Andhra Pradesh Mahesh Co-Operative Server Bank Urban Limited and take control of three accounts that raise the original balance in it to Crores, the police have found.
Cyber Crooks has transferred Rs 12.9 Crore to 128 bank accounts throughout the country between Saturday night and Monday morning.
Fraudsters also change the cellphone number that is linked to three bank accounts to ensure that the original account holder does not receive an SMS alert.
Two accounts are a giro on the name of a private company and the three savings accounts on behalf of a woman.
The female bank account only has around the RS 300 which was raised to Rs 4.6 Crore.
Likewise, two other accounts, have the original balance around Rs 2.5 lakh and RS 17,000 raised by fraudsters for more than Rs 4 Crore in both, said an official CCS.
After changing the balance in three accounts, cyber fraudsters when transferring Rs 12.9 Crore ensure that each transaction is no more than RS 2 Lakh to avoid increasing automatic warnings in the banking system.
The police said that bank officials and three account holders have claimed ignorance of all fraud.
The investigation revealed that recipient bank accounts were in various countries including Delhi, Mumbai, Bihar, Kerala and the Northeast.
“The amount transferred to several other accounts and cash withdrawals made in various countries.
So far we have managed to write to various banks and freeze almost Rs 3 Crore in various bank accounts,” said CCS DCP Gajarao Bhupal.
Cyber Heist: hiking hiking 3 balance account
