Cyber criminal cheated IT professional

– Cyber criminals switch over to alternate ways

– Even top ranking officials bite the bait

– Lakhs of rupees looted from innocent

Cyber criminals have been finding new ways to cheat the gullible people. The innocent people have been losing their hard earned money by giving credence to cyber criminals.  Vexed with lottery frauds and credit card frauds, the cyber criminals are now harping on reverse payment to loot the public. They have been targeting IT employees and banking processionals offering them to give houses on lease.

The police have been expressing concern over even those who are in top positions are not able to see through the trick of the cyber fraudsters. For example, a person who works as an IT Architect in a top company in Kondapur offered to give a portion in his house on rent for Rs 20,000 a month and sought one month’s rent towards advance from the prospective customers. Responding to the notification, Randeep Singh who claimed himself to be a CISF officer, told the house owner that he has been transferred to Hyderabad from Pune. He expressed interest to take the portion on rent and offered to pay advance. But, he offered to pay the advance through reverse payment method. He convinced the house owner that depositing Re 1 to his account, would enable him to get twice the amount from the CISF account.

To begin with, he asked the house owner to transfer Re 1 to his account. Immediately, the house owner received Rs 2 into his account to make believe the house owner. Trusting him, the house owner transferred Rs 11.99 lakh into the person’s account in two hours in 12 transactions. In the same fashion, a private bank manager living in Chandanagar of Hyderabad has been relieved to the tune of Rs 2.2 lakh by the fraudsters.

Similarly, two individuals robbed Rs 2.74 lakh from a lady IT official living in Kukatpally. They sent her a QR Code for payment of rent and asked her to scan it so that the money will be deposited in her account. As soon she scanned it, Rs 2.74 lakh has been transferred from her account to their account. Acting on complaints, the cyber police personnel have traced the origin of such fraudulent transactions to Rajasthan, UP and Haryana.