The Hindu Business Line : IIT student arrested for credit card fraud in Ahmedabad

AHMEDABAD: The cyber crime cell of the city police has arrested a student, of Indian Institute of Technology (IIT), Mumbai's extension centre in Gandhinagar, for his involvement in the on-line credit card frauds, police said.

According to a statement issued by the cyber crime cell one Ashish Ravindran Nathan, student of computer engineering, was arrested yesterday from a garden in the Satellite area here on charges of conducting on-line credit card frauds.

The statement said that Nathan was operating in the city since October last year and has till date duped 25 persons of around Rs 7 lakh.

Nathan was in possession of 15 sim cards, four mobile phones, three bogus pan cards, credit card application form and cash of Rs 1.3 lakh, when he was arrested. He was arrested following a complaint by one of the persons who was victim of credit card fra ud.

Nathan has been remanded to police custody by a local court here for 14 days. During primary interrogation, Nathan revealed that he used to get numbers from the yellow pages, call people posing as a Barclay's bank employee who wanted to inform them about the free credit card offer.

He would than ask the people to give their existing credit card number along with the CVV number to avail the limited period offer. - PTI

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