An HSBC employee allegedly involved in stealing confidential data of customers in Britain and defrauding them to the tune of thousands of pounds was arrested on Tuesday night by the Corps of Detectives of Karnataka.

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Nadeem Kashmiri, who was identified as being involved in one of the major BPO frauds, was picked up in Bangalore, according to sources in the COD, which had formed three special police teams to nab him.
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