A 40-year-old businessman from Mumbai has fooled of Rs 2.49 lakh as a Delhi-based racketeer accessed his bank account, after taking his address and contact number switched to Delhi using a bogus Aadhar card.

The cyber crime cell of Mumbai Police arrested 38-year-old Amit Saran after zeroing in on him with the help of CCTV footage from stores in Delhi.

Saran tried to utilize the money transferred from the businessman’s account on January 18-19. Police are examining how Saran, a real estate broker, succeeded to get the contact details of the bank account holder changed.

The report added that the victimized businessman did not get any signal about the transactions, and came to know of the fraud on January 20 when he checked his account.

The investigation unit zeroed in on Saran by investigating the transfer of funds to an e-wallet and shopping at some shops.

Through the CCTV footage from shops, they tracked down Saran, by the T-shirts he was wearing.
The cyber police then freeze the funds. Investigators told the paper that it took around ten days for Saran to get the businessman’s account details changed. “He transferred funds to some bank account and several e-wallets.
This is a new method of fraud wherein bank customer’s bank details are used. More persons are involved in the scam,” an inspector told the paper.

The report further added that Saran used the money pay the mobile phone bill and for online shopping and that cops have caught more than Rs 85,000 transferred to e-wallets.

“We suspect the role of bank employees. The customer data appears to have been leaked by someone in the bank as the accused was conscious of the money available in the victim’s account,” the investigator further told the paper.

The report stated that Saran had been booked under the IPC sections 419 (cheating by personation), 420 (cheating and dishonestly inducing delivery of property), 465 (forgery), 468 (forgery for purpose of cheating), 471 (using as genuine a forged document or electronic record) and under IT Act sections 66 (C) (identity theft) and 66 (D) (cheating by personation).