Five people, including two Uttar Pradesh government officials, were arrested for defrauding a Rs 146 crore co-operative bank here, police said on Tuesday.
The group had committed the fraud by obtaining the user ID and password of the manager and cashier of Uttar Pradesh Cooperative Bank, Lucknow, after hacking into the server, they said.
Fatehpur resident Ram Raj, section officer in Uttar Pradesh Home Department, Karamveer Singh of Etah who was posted as Assistant Manager at Cooperative Bank, Sitapur, Dhruv Kumar Srivastava of Shahjahanpur, Akash Kumar of Kanpur and Bhupendra Singh of Aurangabad in Bihar were arrested by the Special Task Force (STF) of Uttar Pradesh Police from Baans Mandi at the polytechnic intersection here on Monday night.
The STF seized, among other things, a bank card, 25 sets of Aadhaar cards and signed blank checks and seven ATMs.
Ajay Kumar Tripathi, Assistant General Manager at the Uttar Pradesh Cooperative Bank headquarters, filed an FIR with the Cyber Crime Police Station on Oct. 16 alleging that Rs 146 crore had been transferred via RTGS from seven accounts held by district cooperative banks that were opened in an unauthorized manner.
During investigations, it was found that the server of Cooperative Bank in Hazratganj, Lucknow had been hacked and money transferred to various accounts at ICICI and HDFC banks, the release said.
Mr. Srivastava told the police that he met a hacker through Mr. Kumar, who told them he could hack into the server of banks and transfer money remotely.
They then met Karmaveer Singh through Bhupendra Singh. With the help of Ram Raj, they managed to transfer the amount, the release said.
(This story was not edited by NewsMadura staff and was generated automatically from a syndicated feed.)
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