The message got here that two and a half lakhs had been used from the bank card with out making a transaction .. That is the true story ..! – Bank card fraud in guntur Nagarapalem

Kollu Nageswara Rao, a financial institution worker who’s accustomed to an opulent life .. Illiterate individuals who get bank cards .. Credit score Card Creidt Card... The post The message got here that two and a half lakhs had been used from the bank card with out making a transaction .. That is the true story ..! – Bank card fraud in guntur Nagarapalem appeared first on eNewsapp - News fast.

The message got here that two and a half lakhs had been used from the bank card with out making a transaction .. That is the true story ..!  – Bank card fraud in guntur Nagarapalem

Kollu Nageswara Rao, a financial institution worker who’s accustomed to an opulent life .. Illiterate individuals who get bank cards ..

Credit score Card

Creidt Card Fraud: Kollu Nageswara Rao, a financial institution worker who’s accustomed to an opulent life, is concentrating on illiterate individuals who get bank cards and stealing money from their account, stated Guntur District Municipal Company in-charge CI Ratnaswamy. On Could 2, Tota Srikanth of Guntur stated he had arrested the accused following a grievance that he had misplaced Rs 2,53,250 in money from his bank card.

Going into particulars, Tota Srikanth of Venkataramana Colony, Guntur runs a two-wheeler mechanic’s store. Kotak has been utilizing Mahindra Financial institution bank card for 5 years. On the afternoon of the 2nd of this month, he obtained a textual content message on his cellphone saying that he had used Rs 2,53,250 by way of a bank card. The sufferer lodged a grievance with the town police after he obtained a message that he had used money with out making any transactions.

Kollu Nageswara Rao, a local of Vijayawada, Krishna district, has accomplished his MBA and is working within the bank card division at Kotak Mahindra Financial institution within the metropolis. Accustomed to a lifetime of luxurious, Nageswararao needed to make some huge cash. He focused the uneducated and illiterate among the many bank card recipients. Police stated that they modified the e-mail ids they gave on the time of getting the bank card and created a brand new e-mail ID and with their assist the OTP got here to know and ate the money.

In the meantime, accused Nageswara Rao purchased jewelery from a gold store in Srikanth with a bank card from Guntur this afternoon. The store proprietor obtained a message however no money was deposited. The accused, noticing how lengthy the money had not been credited to the account, slipped out of there. The store proprietor knowledgeable the police and reached there and arrested Nageswara Rao. The CI stated the account was frozen after the sufferer got here and complained to the police station {that a} cyber crime had taken place and therefore the money couldn’t be transferred to the gold store. CI Ratnaswamy stated that Nageshwara Rao was arrested and extra particulars had been being gathered.

The post The message got here that two and a half lakhs had been used from the bank card with out making a transaction .. That is the true story ..! – Bank card fraud in guntur Nagarapalem appeared first on eNewsapp - News fast.