How this Jharkand village dupes thousands of customers to clean out their bank accounts

A tiny village named Jamtara in Jharkand, has emerged as the centre, in a series of banking frauds. By posing as bank representatives, a gang of seven members ask people for their account details and in turn siphon off large sums of money.

Police have busted a countrywide network of crooks who had duped more than a thousand people by posing as customer care representatives of banks.

The gang came on the police radar after numerous people complained of losing money after talking to bank representatives who offered to renew their cards and, in turn, took confidential bank details.


A probe revealed that the money was transferred to ewallets registered through phone numbers procured on fake identity cards.

The gang came on the police radar after numerous people complained of losing money after talking to bank representatives who offered to renew their cards and, in turn, took confidential bank details.

The numbers were traced and the first breakthrough came with the arrest of Majer, Varinder and Abhishek from Punjab.

How do they operate
Step 1: Crooks call up unsuspecting posing as bank officials and ask for one-time password, credit/ debit card number, CVV number, expiry date, secure password, internet banking, ATM PIN, login ID and password.

Step 2: Reasons given are reactivation of account/card, redemption of reward points, linking account with Aadhaar etc

Step 3: Details are then used to conduct online transactions

Step 4: Money transferred to e-wallets that operate on phone numbers procured using fake information

Most of their operations are conducted from Jamtara, Jharkhand considered as the hub of India's cyber frauds.

The gang uses the cheated money in their online wallets registered using SIMs procured on fake IDs. The money would then be transferred into e-wallets of their associates residing across the country so that the trail runs cold.