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HomeBusinessUP STF arrests 5 persons in Rs 146 cr bank fraud case

UP STF arrests 5 persons in Rs 146 cr bank fraud case

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Lucknow: Five persons, including two masterminds of the Cooperative Bank fraud case in which Rs 146 crore was digitally transferred by hackers, have been arrested by the Uttar Pradesh Police’s Special Task Force (STF).
However, the hackers from Delhi are still on the run.
According to the police, the cyber thugs spent Rs 1 crore in 18 months, hired three hackers, used six devices, used three keylogger softwarepo and roped in three employees to breach the bank’s server to transfer the money on October 15.
Those arrested have been identified as Dhruv Kumar Srivastava, Ramraj (mastermind), Karmveer Singh, Akash Kumar and Bhupendra Singh.
Also Read CBI raids in Mumbai, Gujarat in Rs 428 crore Canara Bank fraud Additional SP, STF, Vishal Vikram said that Ramraj is section officer in Uttar Pradesh’s Home Department, while Karmveer is assistant manager in the payment section of the Cooperative Bank’s Sitapur branch.
The team recovered a bank ID card, 25 sets of Aadhaar Cards and blank cheques, eight mobile phones and seven ATM cards from the accused.

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