A 25-year-old mechanical engineering diploma holder was arrested by the Economic Offences Wing (EOW) of Delhi police for his alleged involvement in fraudulently transferring Rs 55 lakh from the account of a Delhi-based company using internet banking facility.
Five of his friends, who are also involved in the alleged fraud, are on the run.
Kapil Nagle, who hails from Madhya Pradesh’s Betul, was apprehended from Vadodara on Friday following investigations into a complaint by Corporation Bank saying that Rs 55 lakh were fraudulently withdrawn from one of their customer’s account, said SD Mishra, additional DCP (EOW).
“A total of R55 lakh were transferred from the account in Delhi to various accounts in Vadodara. Transactions were made through internet banking facility by using deceptively similar email id,” Mishra said.
On April 15, the bank received an email from an email id similar to the victim firm’s bank requesting for four online transfers for R70 lakh for credit to four different accounts of two banks.
“The bank replied to the said mail on the same date and asked for the cheque numbers of the said firm and asked to reply on the difference in amount in words and figures. The bank received a reply wherein particulars of the cheques were provided and the amount was corrected. Thereafter, the bank made four transfers to the bank accounts. But a transfer of R15 lakh didn’t go through,” Mishra said.
Mishra said the accused succeeded in getting a number of fake proprietorship firms registered with District Industries Center in Vadodara in different names using fake identities and then managed to open a number of current accounts in various banks using the information.