2 youths who cheated businessman of Rs 75,000 arrested

2 youths who cheated businessman of Rs 75,000 arrested

Raghvendra S (24) and Rakesh Kumar A (24)

The cyber crime police arrested two persons who siphoned off Rs 75,000 from a businessman after stealthily obtaining his ATM card details and accessing OTPs through a mobile app.

The arrested have been identified as Raghvendra S (24), a resident of Hosur Main Road and a native of Shivamogga, and Rakesh Kumar A (24), a resident of Silk Board and a native of Gowribidanur.

According to the police, the two promised to generate customer leads (initiation of consumer interest or enquiry into products or services) for a businessman from Nagarabhavi. Preliminary investigation revealed that the accused had opened an account with the SBI Bank in Hosur Road after submitting fabricated documents. They claimed they were running a customer lead company. The accused also had a POS-swiping machine.

They used to obtain contact numbers and addresses of various small-time businessmen from Justdial. The duo promised them customers on a commission, and used to meet interested parties personally.

During the meeting, they would ask the businessmen for their credit/debit card to pay Rs 200 towards registration. They would pretend to swipe the card, but take its photograph by diverting attention.

Later, they would use the mobile phones of businessmen on the pretext of downloading a lead management app, but would also download the MySMS application along with it. Through MySMS, they can access all messages.

In three-four days, they would start using the credit/debit card details, and obtain one-time passwords (OTPs) through the MySMS app.

The money thus obtained is then transferred to their various wallet apps. These wallet accounts were opened by using PAN numbers of unknown persons.

The cyber crime police arrested the accused based on a complaint filed by a businessman from Nagarabhavi, who said he had not shared his OTP with anyone but saw his account debited by Rs 75,000 on August 31.

The police have seized a car, a two-wheeler, seven mobile phones, five ATM cards, two SIM cards and a swiping machine from the duo.