MUMBAI: The South Mumbai Cyber Police apprehended a foreign national from Delhi who was the mastermind of cyber fraud and hacking ring. The accused allegedly accessed the banking systems of the Bank of Bahrain and Kuwait, fraudulently transferring Rs 5.43 crore from three clients’ accounts to 78 other bank accounts in different Indian states and rerouting them to his account.
According to authorities, the bank’s senior vice president, Dev Narayan, filed a complaint with the cyber police station in August, alleging fraudulent transactions by their bank account holders.
According to the complaint, Rs 5.43 crore was transferred from three account holders’ accounts to the accounts of others.
In response to the complaint, the police were able to freeze Rs 86 lakh, while the balance was soon withdrawn by the accused and his group.
According to a police officer, while tracking the money trail based on the data of beneficiary bank accounts they found the money was put in the accounts of people in Delhi, Madhya Pradesh, and Assam
A total of Rs 6.12 lakh was transferred to the account of an Assamese woman. During questioning, the woman stated that she met the accused on social media and that he planned to build a clinic in Delhi. He stated that he needed to open a bank account in order to receive the funds, but that he was unable to do so because he was new in the county.
The woman then registered a bank account with a new phone number and handed over the SIM card to the accused.
The ATM that was used to withdraw the money was identified by the authorities, and a clip of the culprit was discovered in CCTV footage. They then identified the foreign national as Michael Chibuzi Okonko, 29, and arrested him.
He was arrested when the police seized 11 mobile phones, two hard drives, three laptop computers, and a SIM card from him. According to preliminary investigations, the accused reportedly committed the crime with the assistance of a friend.
An unemployed teacher in Madhya Pradesh was forced to register a bank account for a commission of 10,000. According to the police officer, the scam money was afterwards redirected into his account and withdrawn by the crooks.
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