Cards on way to users stolen by courier staff
The South district police have busted a gang of credit card thieves, including two courier company employees, who allegedly stole credit cards being sent to users through courier and made hefty purchases through them. The gang had even bought a Ma...
By Rahul Tripathi, TNN |
NEW DELHI: The South district police have busted a gang of credit card thieves, including two courier company employees, who allegedly stole credit cards being sent to users through courier and made hefty purchases through them. The gang had even bought a Maruti Alto car using a stolen card.
The gang's modus operandi exposes the lax security norms followed by banks in despatching credit cards to users, many of whom don't even ask for it. The gang's mastermind was a school dropout, Birendra Kumar (26), who worked in Elbee Express courier firm.
Kumar collected bundles of envelopes containing credit cards from ICICI Bank in Noida for delivery to the courier office. The gang would zero in on certain envelopes, like those addressed to business executives. These cards would be replaced with thick paper cards, police said. The gang created fake identity proofs matching the names in the credit card and used the cards for high-value purchases.
Courtesy: http://timesofindia.indiatimes.com
The gang's modus operandi exposes the lax security norms followed by banks in despatching credit cards to users, many of whom don't even ask for it. The gang's mastermind was a school dropout, Birendra Kumar (26), who worked in Elbee Express courier firm.
Kumar collected bundles of envelopes containing credit cards from ICICI Bank in Noida for delivery to the courier office. The gang would zero in on certain envelopes, like those addressed to business executives. These cards would be replaced with thick paper cards, police said. The gang created fake identity proofs matching the names in the credit card and used the cards for high-value purchases.
Courtesy: http://timesofindia.indiatimes.com
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