Telangana police arrest 13-member gang from Rajasthan in Rs 4 crore UPI fraud
09-Sep-2024 04:25 PM 5982
Hyderabad, Sep 9 (Reporter) The Telangana Cyberabad police have arrested a 13-member gang from Rajasthan, aged 20-25 years, involved in Rs 4 crore UPI Fraud. The Shamshabad CCS Police, with the help of KPHB Police, Madhapur, and Narsingi police from Cyberabad Commissionerate, apprehended the gang from Rajasthan on Sunday. This gang was involved in high-tech UPI fraud and cheating schemes, defrauding M/s. Bajaj Electronics, a reputed business establishment, of around Rs4 crores, said Cyberabad Deputy Commissioner of Police K Narsimha in a release here on Monday, Besides cash of Rs 1.72 lakhs, electronic goods worth Rs 50 lakhs were also seized from the possession of the gang. Several fraud and cheating cases were reported in various police stations under the Cyberabad, Hyderabad, and Rachakonda Commissionerate, as well as in other metropolitan cities across Telangana State, all involving Bajaj Electronics and totaling losses exceeding Rs 4 crores. Upon receiving information from Bajaj Electronics, the Shamshabad CCS Police and KPHB Police, Madhapur, and Narsingi police started an investigation. They discovered that individuals from Rajasthan had visited showrooms and purchased expensive electronics. The gang’s method involved sharing the showroom's UPI scanner with an accomplice in Rajasthan, who would transfer the money to the showroom. After taking delivery of the goods, the accomplice would file a chargeback complaint with the bank, causing the transaction to reverse and the money to return to the gang’s account. All the accused have been arrested in these cases and are being produced before the Court for judicial remand. The Shamshabad CCS team, led by M. Pavan (Inspector of Police), DI KPHB, DI Narsingi, and DI Madapur, under the guidance of ACP CCS Shashank Reddy and Kalinga Rao, and the supervision of DCP Crimes K. Narsimha, with direction from Commissioner of Police, Cyberabad, Avinash Mohanty apprehended the accused and recovered the stolen property. The Cyberabad Commissioner of Police appreciated the team and was suitably rewarded for their commendable work...////...
© 2025 - All Rights Reserved - timespage | Hosted by SysNano Infotech | Version Yellow Loop 24.12.01 | Structured Data Test | ^