Coimbatore: Coimbatore City cyber crime The police arrested two people on Tuesday for duping them of Rs 43.76 lakh. stolen credit card details, A case was registered against them five years ago.
Those arrested have been identified as Manogaran (42), a resident of Rathinapuri in the city, and Devraj (39), a resident of Tatabad.
Cybercrime Inspector Arun said the duo had stolen credit card details from customers in foreign countries like China and Poland and created fake credit cards in 2017. He obtained point of sale machines from banks after registering a shell company.
Arun said that using point of sales equipment, he swiped fake credit cards and swindled Rs 43.76 lakh.
This caused losses to two banks. Arun said that in case of fraud using credit cards, the concerned banks will have to bear the loss.
Two separate cases were registered in 2017 based on complaints from bank managers of the respective banks.
Cybercrime police conducted a fresh investigation on the basis of complaints and traced the accused.
Those arrested have been identified as Manogaran (42), a resident of Rathinapuri in the city, and Devraj (39), a resident of Tatabad.
Cybercrime Inspector Arun said the duo had stolen credit card details from customers in foreign countries like China and Poland and created fake credit cards in 2017. He obtained point of sale machines from banks after registering a shell company.
Arun said that using point of sales equipment, he swiped fake credit cards and swindled Rs 43.76 lakh.
This caused losses to two banks. Arun said that in case of fraud using credit cards, the concerned banks will have to bear the loss.
Two separate cases were registered in 2017 based on complaints from bank managers of the respective banks.
Cybercrime police conducted a fresh investigation on the basis of complaints and traced the accused.