- By Imran Zafar
- Mon, 09 Sep 2024 09:07 PM (IST)
- Source:JND
Telangana Police arrested 13 members of a gang from Rajasthan allegedly involved in UPI fraud in Hyderabad and several other locations in the state. The gang allegedly defrauded Bajaj Electronics, a prominent business establishment, of around Rs 4 crore through fraudulent transactions. Police seized Rs 1.72 lakh in cash and electronic goods worth Rs 50 lakh from the accused.
During the investigation, police identified a consistent modus operandi across multiple cases. They discovered that a group would visit the showrooms, select home appliances for purchase and at the time of payment, share the showroom's UPI scanner with an accomplice located in Rajasthan.
The investigation revealed their method involved sharing the showroom's UPI scanner with accomplices in Rajasthan, who would transfer the money for the purchases. However, after receiving the goods, the accomplices would file a chargeback complaint, leading to the reversal of the transaction and the money being credited back to the gang's account.
The arrested members, aged between 20 and 25 years, operated in groups. Some of the gang members stayed in Hyderabad, while others remained in Rajasthan. The arrested individuals were identified as SomRaj, Sunil, Lac Ram, Sharwan, Somraj, Shivalal, Ramesh, Shrawan, Pappu Ram, Shravan, Rakesh, Ramesh and Ashok Kumar.
@cyberabadpolice CCS Shamshabad with the help of @KphbSho, @psmadhapur_cyb & @psnarsingi_cyb apprehended a 13-member gang who were involved in a series of high-tech UPI frauds and cheating schemes and seized ₹1.72 lakhs in cash and electronic goods worth ₹50 lakhs. pic.twitter.com/FErFiGTtg5
— Cyberabad Police (@cyberabadpolice) September 9, 2024
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The operation was carried out by the Shamshabad CCS Police with the assistance of KPHB, Madhapur, and Narsingi police from Cyberabad Commissionerate on September 8. Police, based on their confessions, recovered the stolen cash and goods. All the accused were produced in court and are currently under judicial remand.