1 week Ago By Syed Omar Farooq
In a combined operation a notorious 13 member interstate gang involved in Rs 4 crore UPI fraud have been arrested by Cyverabad cops. The Shamshabad Central Crime Station (CCS) team along with KPHB, Madhapur and Narsingi police detected the fraudsters and arrested them from Rajasthan on September 8 and brought them to city on Monday. This gang was involved in a series of high-tech UPI frauds and cheating schemes, defrauding M/s.
Bajaj Electronics, a reputed business establishment, of approximately Rs 4 crore and police teams seized Rs 1.72 lakh net cash and electronic goods worth Rs 50 lakh from their possession. The 13 member gang was wanted in 10 fraud and cheating cases in Hyderabad, Rachakonda and Cyberabad commissionerates, *K.
Narsimha, DCP Cyberabad said in a press meet on Monday. Special teams were by Shamshabad CCS, Narsingi, Madhapur and KPHB police after receiving a complaint from Bajaj Electronics. The combined teams that started investigating discovered that individuals from Rajasthan had visited showrooms and purchased expensive electronics, Narsimha said.
The gang’s modus operandi was to share the showroom's UPI scanner with an accomplice in Rajasthan, who would transfer the money to the showroom, Narsimha said. 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, DCP said. The gang, comprising more than 13 members aged 20-25 years from Rajasthan, operated in groups.
Some members stayed in Hyderabad, while their associates remained in Rajasthan, DCP stated. Members in Hyderabad would visit Bajaj Electronics showrooms to purchase high-value electronic items and send the showroom’s QR code to their associates in Rajasthan, who would transfer the money through UPI. After receiving the items, they would sell them and split the profits.
The associate who transferred the money would later file a fraudulent complaint requesting a chargeback, resulting in a refund of the amount, he said. All the accused are aged between 25 to 300 and identified as Som Raj, Sunil Lac Ram, Sharwan, Somraj, Shivalal, Ramesh, Shrawan, Pappu Ram, Shravan, Rakesh, Ramesh and Ashok kumar. 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, IPS, with direction from Cyberabad police commissioner Avinash Mohanty detected the fraud and arrested the gang from Rajasthan. Cyberabad police commissioner appreciated efforts made by the special teams and assured that they would be suitably rewarded for their commendable work.
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