Hyderabad: Inter-country gangs involved in international credit card fraud with cheating gateway payments, including one of the leading private banks, with almost 50 crore damaged on Thursday and seven people arrested from Delhi and Hyderabad.
They are rumored to target the population of British, Singapore and Australia.
Overcoming a press conference on Thursday, Police Commissioner Cyberabad Stephen Raveendra said that Naveei Bhutani, Mohit, M Delhi based in Delhi, B based, D Sravan Kumar, V Pavan and SM Srinivas Rao – arrested from their respective locations.
However, the police said that investigations were still in the early stages and they did not have complete information about how the defendant used money and traces of money.
In the implementation of credit card fraud, the seven was accused of coordinating with several missing people accused of regulating the organized system by developing a fake website, taking an international toll-free number connection in addition to preparing a fake call center in Janakpur in New Delhi, Kaushambi in Ghaziabad and Mohali in Punjab.
For websites, made by the defendant offer different fake e-commerce services, they take payment gateway services.
The defendant contacted people in England, Singapore and Australia by sending online advertisements or fake SMS about payment warnings or making direct phone calls to some who claimed to be a technical service provider of leading e-commerce and cloned their credit cards.
For customers who have lifted the red flag after realizing fraud transactions, their respective banks freeze money.
However, in payment transactions, the payment gateway will generally pay money to the final service provider / previous vendor with the understanding that the bank will return money.
However, because this is a fraud transaction, the bank does not release money for gateway payments.
In Sravan instructions, Nagaraju has developed a website and integrates it with a payment gateway.
Nagaraju connects the Srinivas Rao Bank account, Pavan and others to this payment gateway.
It is Nagaraju, by operating this bank account, will continue the money that is not imposed on Mohit after being reduced by the agreed commission, police said.