The Delhi Police have arrested six people, including an MBA student, who with the help of a bank employee, got credit cards issued on fictitious identity. They have cheated the bank to the tune of Rs 60 lakh.
There were two gangs, first was led by Sandeep Kumar (27) and the second by Ajay Singh (27). Amarpal Singh (41), an employee of Savvy Management Private limited that conducted verification for HDFC Bank and Ram Kumar (35), an employee of Bluedart courier company that delivered credit card for the Bank, were the two common links between the two gangs.
The gang members were in touch with the merchants who used to swipe these cards and give 95% of the transacted amount to the accused. “These merchants, in order to safe guard themselves, issued genuine bills regarding the sale of goods for which they received commission,” Chand added.