India : 2 Held in Bank Account-Hacking Case

[Agent77]

Kochi, Kerala, India :

The city police have arrested two of the four persons accused of hacking into bank account of a doctor and lure around 12,00,000 INR(approx 60,000 USD). The Police say that the stolen money was transferred into 22 bank accounts nation-wide using 90 ATM Cards. The investigations reval that this is a part of a nationwide network headed by a Nigerian who was arrested a couple of weeks ago in a similar case.

Felix Ivdubuisi Egedigave, aged 32, also known as David was arrested earlier this month in a similar case proved that even from the prison he could control the group to commit crime. The most alarming about this case is that it is still not sure where the money ended up.

[De Master Yoda]

http://www.google.com.au/#hl=en&scli...4fcba3bc930fc6

The Times of India.

Account hacking: 2 arrested from Hyderabad
Apr 20, 2012, 01.17AM IST TNN

KOCHI: A Nigerian-led international online racket involving private sector bank officials and telecom operators was busted by the Kochi City police after they arrested two persons from Hyderabad. The two were arrested in connection with the cybercrime in which the online account of a doctor in the city was hacked and Rs 11.14 lakhs siphoned off.

Dr Shabeer Khan's online account was hacked on March 30 by the racketeers. Nine police teams were formed to trace the perpetrators of the crime. The case was supervised by Ernakulam Range inspector general K Padmakumar, city police commissioner M R Ajith Kumar, assistant commissioner Sunil Jacob and circle inspector D S Suneesh Babu.

The Home Department has announced reward for the police officials who successfully tracked down the accused.

Of the four accused identified in the case, police were able to nab two: Hamid alias Mirza Jaffar Baig, 28, of Agapura Nampally in Hyderabad, and Sheik Rahan Ali, 34, of Chanjun Guda in Hyderabad.

A manhunt has been launched to nab the other two accused, Muhammed Ali, 28, and Atha ur Rahman, 32, of Hyderabad.

IG Padmakumar said the accused worked for a Nigerian, Felix Ivdubuisi Egedigave alias David, 32, who is currently in a Kolkata jail in connection with a similar case.

"The cyber wing of the Kerala police found that the accused used the phone which had earlier been used by Felix, who had trained and appointed operatives across the country for committing the fraud. We have clear leads on the support given to the racket by bank insiders and telecom operators," the IG said.

He said it was with the support of officials in the telecom company that the accused got the duplicate SIM card of the doctor from a mobile store in Hyderabad. The doctor had a mobile connection in Kerala.

Padmakumar said the accused had withdrawn the amount from 90 ATMs across the country after transferring the money to 20 bank accounts of three private sector banks in different states and cities including Secunderabad and Kolkata.

"We will alert the national (crime detection) agencies, which will widen the nature of the probe into this case," he said.

"There have been similar cases registered in other states. We will file an application before the appropriate court to get the Nigerian in custody. He's said to be an agent of an international online hacking racket operating in India," ACP Sunil Jacob said.

The accused had taken the duplicate SIM card to get the pin number that will be sent by a bank to transfer the money from the account.

How the fraudsters siphoned off the money?

On March 30, mobile number of the victim went dead.

The fraudsters availed a duplicate SIM from the telecom operator in Hyderabad and activated it to get the PIN number, which the bank's system sends to customers for enabling online transaction.

They then entered the online account of the victim after cracking the three-level online security of the bank -- profile password, transaction password and mobile password.

They transferred the money to 20 accounts in various branches of banks across in the country.

Withdrew the money from the said accounts on March 30 itself.

How police tracked the accused?

Police trace the accounts used by fraudsters to transfer money from the victim's account.

Interrogate one Sahib Muhammed Khan of Secunderabad whose account was used by fraudsters. Khan was working in a private firm and the said account was his salary account opened by the firm.

Khan reveals to police that Atha ur Rahman, who was his team leader in the firm, clandestinely accessed his account details and ATM card. Rahman later hands over the details to Mirza Jaffar Baig.

Police nab Baig, who discloses the details of Sheik Rahan Ali.

It was Sheik Rahan Ali and Baig who withdrew Rs 1.85 lakh using the ATM card

[De Master Yoda]

Thank you Agent77.

[Agent77]

Thanks Master Yoda ... I had looked for it , couldnt find ...