Chennai: In a shocking incident, nine men arrested from an IT company in Perungundi for scamming money have admitted to accessing credit card information and duplicating credit and debit cards.
The Perungundi police investigated the nine men who were arrested after some IT employees alerted the police on suspicion. The nine men, who were questioned individually admitted to having collected the credit card information of over 200 cards.
The men, who were working in liaise with a Calcutta based group of scammers would sell them for a cost of Rs 10,000 per card. “This is a national level cheating business they have been running. These men seem to have purchased land and houses in their hometowns using the cash they laundered,” said a police officer.
Their modus operandi was to swipe cards in a specially-made card swiping machine which would then provide them with the card details of the cardholder. These details would be then sold to the Calcutta group who would make duplicate cards and then withdraw money using it.
The police are trying to track down the group, who they believe work out of Delhi. They are also attempting to retrieve the money which was stolen from all these cards. “Please be careful when you use your cards,” warn police officers. “Further, also insist on seeing the POS number. POS is the time and place where a retail transaction is completed. Check for it always,” a police officer said....