Pramesh S Jain.Yogesh K Porwar
Staff of the Transaction Solution international, city based electronic surveillance and cash management company,caught two persons from Uttar Pradesh,red handed near pipeline road under KP Agrahara police station limits.
The two accused has been identified as,Anand Kumar and Shahid Ahmed hailing from Uttar Pradesh.
Senior officer told reporters,The special team of Transaction solution international cash management company who were appointed to probe the fraudulent transaction in ATM got alert that miscreants are withdrawing money from SBI ATM the team of staff rushed to spot and caught when they were withdrawing cash fraudulently and keeping the cash in their account intact at an SBI ATM in KP Agrahara on Friday.
The accused Anand Kumar and Shahid Ahmed were caught within seconds after they withdrew Rs.10,000 from SBI ATM situated near jain temple in pipeline road.
Based on a series of complaints about the fraudulent transactions,Yogananda B,manager of Rajajinagar industrial estate branch outsourced Transaction solutions international company to probe the fraudulent transactions which is incurring huge loss to the bank.
The staff kept surveillance after analyzing the CCTV footage and zeroed in on the accused while they landed at the pipeline road ATM to withdraw the cash Rs.10,000.
Inquiries revealed that the duo have used indigenous method of jamming the cash dispenser to block the sensor at the time of dispensing the cash.
Since the machine is jammed the transactions would not be recorded even if the money is withdrawn.
Using this the accused have withdrawn huge amounts of cash from many ATMs across the city.
Inquiries revealed that the duo had opened accounts in several banks in different banks and used the accounts for such fraudulent transactions.
The accused have been handed over to KP Agarahara police for further investigations to ascertain the details about the gang and further investigation is on.
It may be recalled that in March this year, Rajajinagar police arrested Deepak H,20,from Hameerpur,UP.We suspect that the accused use similar modus operandi and withdraw cash.
As soon as inserting the card and entered the pin,the accused would place the fingers inside the cash dispenser to jam and simultaneously pull the cash.
By doing this the system would send a report of technical snag to the system and the transaction is nullified and the money would not be deducted from the account with this the bank incurred huge loss our team are investigating further to ascertain their network he added.
