Cases of banking fraud on the rise | chandigarh | Hindustan Times
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Cases of banking fraud on the rise

chandigarh Updated: Jul 07, 2014 11:05 IST
HT Correspondent
HT Correspondent
Hindustan Times

Once again the city cyber-crime department has seen a surge in cases related to banking frauds.

In the past one week, the UT cyber-crime department has received five complaints in connection with banking frauds. Presently, there are about 300 such complaints pending with the UT cyber-crime department.

The city witnessed surge in banking fraud cases earlier in 2010 and 2011 also. Now, again similar cases have started coming to the fore.

With the increased use of internet, number of cyber-crime cases had also gone up in 2013 as compared to 2012 in Chandigarh. Complaints of cyber-crime cases have increased seven times this year while the number of cases registered under the IT Act have also increased by 43% in the same period, say the police records.


Earlier, frauds were done through misuse of ATM cards. Now, frauds are being committed differently, say the police. These days, miscreants, saying a person is in distress and needs financial help, send emails to his or her friends and relatives.

Sometimes, victims are called by miscreants posing as bank officials.

The fraudsters demand personal bank details from the victims and later dupe them.

Besides banking frauds, cases related to ATM frauds are also on rise. In the present year, the cyber-cell department received 20 complaints where victims have been called by miscreants posing as bank officials.


Avinash, a resident of New Indira Colony, Manimajra, complained that an unidentified man withdrew Rs 25,000 from his Indian Bank account. The police have registered a case of cheating.

Karun Saini of Sector 29 here reported to the police that an unidentified man had withdrawn Rs 25,000 from his savings account.

In similar incident, PN Khanna, 73, has allegedly been defrauded of Rs 28.16 lakh through a forged cheque.


In view of rise in such incidents in Chandigarh, the police have issued an advisory to the public to beware of such strangers calling on telephone posing as a bank executive/manager. Also they have asked residents not to share their ATM cards details with anybody.