Multi-crore credit card scandal unearthed, 3 arrested JAMMU, August 7: In the first such case, Jammu police has unearthed a multi-crore credit card scandal and arrested three persons. This was stated by SSP Jammu Atul Goel at a press conference at Nowabad police station last evening. He informed that on July 22, on reliable information, Owais Yousuf Kabboo, son of Mohammed Yousuf Kabboo, a resident of Nund Rishi Colony, Bemina Srinagar was arrestedfrom Jewel chowk area with procured credit card machine. Owais had procured credit card machines with the intention to swipeforged credit cards through these machines, thereby cheating the owners of the original credit cards, Goel said. On this, a case under FIR number 110/13 and Sections 420, 120B, 43/66 (A), (B) and (C) was registered with police station Nowabad and investigation started by senior officers. During questioning, Owais revealed the names of the other gang members as well as their modus operandi. Owais along with his accomplices, used to procure credit card machines from willing shopkeepers including Monte Carlo, Srinagar, SB Mobicare, Srinagar, Amar Art, Srinagar, Royal Amin Tours and Travel, Srinagar, Tiger Computers, Srinagar, Asian Art, Bhopal, Nikka Art, Nikka Traders and Nikka Jewellers. After procuring the machines they were transported to Bangalore and Mumbai where they were swiped with cloned international credit cards. After swiping the cloned cards, the gang members used to transfer the amount in the account of the concerned shopkeepers from where it was shared amongst the gang members, the SSP said. Since many of the cards swiped were international, complaints in such cases were not so easily forthcoming,he said. Based on the information provided by Owais, several raids were conducted in Srinagar and one of his accomplices namely Shabbir Ahmad Mir, son of Ghulam Rasool Mir of Firozbagh, Srinagar was also arrested. Four such credit card machines, which had been earlier used in such fraudulent transactions, were also seized, Goel said, adding that the associated bank accounts were frozen and their details were obtained, where it came to fore that the gang had cheated the people to the tune of Rs 1.57 crore. A police party was rushed to Bangalore to collect further evidence, he added. The team arrest Saud Pasha, resident of Bangalore and recovered several forged credit cards from his possession, the SSP said, adding that some more people both from within and outside the State are likely to be arrested in the case. The case is being investigated by a Special Investigation Team (SIT) comprising of Shabir Khan, SDPO West, Owais Rashid Lone, DySP Probationer, SI Jaipal Sharma, SHO Nowabad police station and ASI Bashir Ahmad under the supervision of Jatinder Singh Johar, SP City (North). The future course of the investigationwill involve analyzing documentary evidence and IT forensics involved in committing these crimes. The help of the financialinstitutions affected by the crime andother experts will be used in further investigation, he added.
Posted on: Wed, 07 Aug 2013 12:02:25 +0000
Trending Topics
Recently Viewed Topics
© 2015