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Cyber-fraud gang duping bank customers on pretext of KYC updates busted,...

Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo NEW DELHI, Jan 24: The Delhi Police has busted a major multi-state cyber-fraud syndicate allegedly involved in duping bank customers on the pretext of updating their KYC details and arrested four men from Jharkhand and West Bengal, an official said on Saturday. The accused have been identified as Shiv Kumar Ravidas (22), Sanjay Ravidas (33), Dinesh Ravidas (29) and Shubham Kumar Barnwal (25), he said. “The syndicate members posed as bank officials and created a sense of urgency among the victims regarding KYC updates.

Cyber-fraud gang duping bank customers on pretext of KYC updates busted,...

Credit: Dailyexcelsior

Key Highlights

  • They allegedly induced people to install malicious APK files on their mobile phones, which enabled them to gain unauthorised remote access to banking applications and personal financial data,” the senior police officer said.
  • Police said the accused used the compromised credentials to fraudulently avail loans, transfer funds into mule accounts and withdraw the cheated money through ATMs, point-of-sale (POS) machines and other banking channels.
  • The case came to light following a complaint from a Sagarpur resident who reported receiving calls and messages from unknown persons impersonating bank officials in December 2025.
  • She was persuaded to click on a malicious link sent via an online messaging application.
  • Subsequently, she received SMS alerts about a loan of Rs 8.33 lakh being processed on her credit card and unauthorised transactions amounting to Rs 5 lakh and Rs 3.3 lakh.
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Sources

  1. Cyber-fraud gang duping bank customers on pretext of KYC updates busted,...

This quick summary is automatically generated using AI based on reports from multiple news sources. The content has not been reviewed or verified by humans. For complete details, accuracy, and context, please refer to the original published articles.

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