Noida police crack internet banking fraud

NOIDA: With the arrest of five persons, Noida police today claimed to have cracked an internet banking fraud, involving Rs 1.66 crore.

SSP R K Chaturvedi at a press conference said today that Pawan Kumar Aggarwal, a resident of sector 50 here, had lodged FIR on October 11 stating Rs 1.66 crore had been transferred from his company account to other accounts without his authorisation.

As it appeared to be work of hackers, police scrutinised the accounts, Chaturvedi said, adding that five persons, were arrested in this connection. The arrested were identified as savio derochlobo, mitul trivedi, bharat bhai patel, udey kapadia and yogi anjani bhandari.

Derochlobo, who owns a firm Panjim Asiatic State Development, transferred an amount of Rs 81 lakh from Aggarwal's company PPS International and on October 6, Rs 80 lakh was transferred to ICICI bank, the SSP said.

The SSP further said a search has been launched to nab the mastermind hacker and his other accomplices in the case. "we could manage to recover just Rs 55 lakh, while around Rs 1 crore was yet to be traced," he said.