7 Nigerians arrested for bank fraud, lottery scams in India

Published On: August 17, 2013, 1:09 pm
Author: Abraham Dickson
-- (m) at 17-08-2013 01:09PM

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Eleven persons, including seven Nigerians, have been arrested in India’s capital of New Delhi for involvement in net-banking fraud and fake lottery scams, according to Deccan Herald online.

In addition, the Nigerians were found staying in India without valid visa, police said on Friday. The Nigerians were not identified.

User IDs and passwords of bank accounts were hacked to facilitate fraudulent e-transfers, and around Rs 53 lakh, about $86,000, were siphoned into 12 bank accounts in different cities.

“The accused operated as a team in which the Nigerians hacked bank accounts. Information was passed on to local accomplices, who would siphon the money fraudulently to different bank accounts,” said Sandeep Goel, Joint Commissioner of Police (Economic Offences Wing).

The bank accounts of the accused were opened on fake identities or were of people who agreed to lend their accounts on commission. During investigation, it was revealed that the account details of the victim were hacked using proxy servers operating in the US. “Addresses of the bank accounts were also found fake, but one of the accused, Lalit Malhotra, was held following other clues. His sustained interrogation led to the arrest of the other accused,” Goel added.


-- Toks-E (m) at 17-08-2013 03:52PM
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