July 16, Colombo: The Central Crime Branch (CCB) police have arrested three people, including a Sri Lankan, in a fake credit card scam.
The trio have been arrested for defrauding bank customers in different countries of a staggering Rs 100 crore by faking their credit cards in what is believed to be a massive online racket, according to a report in Bengaluru Mirror.
Investigators recovered 144 fake credit cards from them. They would reportedly get the card details of users in the US, Japan and other foreign countries, create fake cards and use them to make online purchases.
The three accused are Divyan, 30-year-old man from Jaffna in Sri Lanka, Nawaz Sherrief, 22, of Kanakanagar, and Nadeem Sherrief, 30, of HBR Layout.
The gang had targeted customers from Australia, Japan, Germany, Britain and other European countries presuming that police would not come to India in search of them.
The cops also seized 270 blank swiping cards that were kept to prepare duplicate credit cards of various banks, 36 card-swiping machines, card readers, laminations and card printing machines.
"The main accused, Divyan, had come to India illegally about a decade ago and was staying in Chennai. He is also wanted by the Chennai police. The three were caught after they tried to cheat the owner of Vishnu Priya International, an electronics store in Doddakallasandra. The gang had bought three LeD TVs on June 21 for a price of Rs 1.10 lakh using the fake credit cards. As the money was not credited into the owner's account, he had filed a complaint with the Cyber Crime Police on Friday," said a police officer.
The gang was staying in an upscale apartment in Jalahalli. They were allegedly getting credit cards details from the Dark Web. They had bought empty magnetic swipe cards online and were updating the credit card details into these through certain software programs.
"They were getting their swiping card machines from agents in Haryana, Mumbai, Puducherry and other parts of the country and were paying a commission to the agents. Nadeem is wanted by Cottonpet, Upparpet and by the Mumbai police for similar offences. The CCB police suspect that there are more people involved in the racket," the officer said.