DGP orders probe into Rs2.90cr cyber fraud at CDCC Bank
The cyber heist came to light in February when CDCC Bank officials detected 33 unauthorised transactions routed through Yes Bank's Nagpur branch. Between February 7 and 10, cybercriminals diverted over Rs3.60 crore through a series of fraudulent RTGS transactions.
Initial recovery efforts by the district police's cyber cell resulted in the retrieval of Rs90 lakh, but the remaining Rs2.93 crore remains untraced.
Chandrapur MLA Kishor Jorgewar sent a memorandum to the DGP, seeking a high-level forensic probe and the immediate registration of criminal cases against all individuals involved in the scam.
Jorgewar alleged involvement of senior bank officials, including the chairman, chief executive officer, IT chief, a computer assistant, and the cybersecurity vendor. The MLA also accused the bank of failing to implement adequate safeguards despite spending nearly Rs 100 crore on cybersecurity systems.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
CFDco IA: gana hasta $2,700 a la semana trabajando desde casa
Digital Group
Prueba ahora
Undo
"Shockingly, the bank neither had cyber insurance coverage nor followed proper legal channels when refunding the affected customers using its profits," he alleged.
Criticising the bank's internal forensic audit as 'incomplete and misleading,' Jorgewar demanded that an independent cyber forensic team reassess the incident. He also pressed for the formation of a Special Investigation Team (SIT). Taking serious cognisance of these developments, the DGP has directed Chandrapur SP to initiate a comprehensive investigation and file criminal cases as required. Sources said the inquiry will delve into the technical loopholes, the bank's alleged procedural violations, and the possible complicity of insiders.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
35 minutes ago
- Time of India
4 kidnappers held, man rescued in Pratapgarh
1 2 Prayagraj: With the arrest of four kidnappers, Pratapgarh police on Sunday claimed to have solved abduction case of a 40-year-old man who was allegedly kidnapped by a group of five miscreants from Narayanpur Bhusundi village under the limits of Kandhai police station on Saturday. The arrested kidnappers, identified as Anwar (38), Ram Prakash (30), Hari Prasad Saroj (40), and Shiv Bahadur Mishra (30), are residents of Kandhai (Pratapgarh) and Sultanpur, respectively. Deputy SP (Patti) Manoj Kumar Singh told TOI that the wife of the victim approached Kandhai police on Saturday and claimed that her husband, Dalpati Verma, was missing since Saturday morning. She also informed police that her son received a call from an unidentified caller seeking Rs 5 lakh ransom to release her husband. Following the incident, an FIR under section 140 (1) of BNS was registered, and senior cops constituted three police teams to crack the compiling CCTV analysis and surveillance, the police managed to arrest four of the kidnappers and rescued the victim. Police also recovered an SUV, two bikes, one country pistol of 0.315 bore along with two live cartridges, mobiles, SIM cards, and other valuables from their possession. The accused confessed to the police that they kidnapped Dalpati under a planned conspiracy and called him from his house on the pretext of seeing land for purchase. As one of the prime accused was well known to the victim, he managed to get the victim from his house and moved towards Chanda Patti Road, where his accomplices were waiting. The kidnappers first took the victim to Amargarh, thrashed him, and asked him to call his neighbour to seek ransom. Police said that all the accused had a criminal background as they were operating a thug gang. They kidnapped the victim to clear their debt worth Rs 5 lakh.
Time of India
36 minutes ago
- Time of India
Hemant flags hacking of JMM's X account
1 2 Ranchi: JMM president and chief minister Hemant Soren on Sunday said the official X account of his party has been hacked, prompting him to order a police investigation into it. Apart from expressing concern over the breach, the chief minister appealed to the Elon Musk-owned social media giant to take cognisance of the matter. Party members said at 12:12 am on Sunday, the hackers posted a suspicious link along with an image of a rodent on the JMM's X account, which was immediately flagged by Hemant on his social media platform. No other activity related to hacking was detected on the account thereafter. Taking to X, Hemant, who is in Delhi to attend to his ailing father Shibu Soren, wrote, "The official X handle of JMM @JmmJharkhand has been hacked by anti-social elements. @JharkhandPolice please take cognisance of this matter and investigate it promptly. @XCorpIndia please take cognisance of this matter. @GlobalAffairs" In the recent past, a series of cyber attacks have also targeted social media accounts of politicians, top-ranked bureaucrats, political parties and websites of prominent govt organisations in Jharkhand, exposing the growing vulnerability of digital platforms. The latest attack on the official X handle of JMM was also just the tip of the iceberg. Around one and a half months ago, state agriculture minister Shilpi Neha Tirkey also fell victim to a cybercrime. According to the minister, her Instagram and Facebook accounts were compromised. Experts said these incidents were not isolated cases. Just days ago in June, cyber frauds impersonated Ranchi DC Manjunath Bhajantri, raising concerns about his identity theft with the intention to defraud and cheat others of their hard-earned money or gain sensitive information. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Is it legal? How to get Internet without paying a subscription? Techno Mag Learn More Undo The DC's office immediately announced that someone had impersonated the officer's Facebook account, thus preventing any further damage. . Similarly, the social accounts of Hazaribag DC Shashi Prakash Singh and his Dhanbad counterpart Aditya Ranjan were also faked. In both cases, the fraudsters were found engaging in conversations with the known contacts of the two officers, to demand money or collect sensitive information. The hackers, however, failed in their attempts after the offices of the DCs also issued warnings about the hacking. Even political leaders have not been spared by these cyber frauds as Panki BJP MLA from Palamu, Shashi Bhushan Mehta, was duped of Rs 1.27 lakh on July 1. Moreover, websites of prominent organisations like Central Coalfields Limited (CCL), too, have suffered technical glitches, sparking speculations of being hacked by fraudsters originating in a foreign country. According to cyber experts, hackers are often sponsored by enemy countries and they can have multiple intentions behind their attacks. "Many times, these attacks are sponsored by neighbouring enemy states to retrieve crucial information by gaining access to the social media platforms of prominent figures and organisations," said Vineet Kumar, the founder and global president of CyberPeace Foundation. He informed that the attacks are launched at critical and sensitive infrastructure, including water treatment and energy plants, and hospitals to disrupt normal activities and create chaos. "Apart from information gathering, many attacks are orchestrated for financial fraud and duping people. The newest form of financial fraud that has been emerging is that Indian nationals are being trafficked to Cambodia via Thailand and employed in scam centres run by India's enemy countries to dupe Indian citizens," Kumar added. As the menace is growing rapidly, law-enforcing agencies have also been taking a proactive stance against it. On July 5, the Criminal Investigation Department (CID) busted an organised Chinese cybercrime network, arresting seven individuals involved in illegal investment scams and digital arrests. Police sources said the modus operandi of the hackers and their sponsors was to send malicious apps to smartphones linked with bank accounts. "Once the phone owner installed the apps, they automatically transmit OTPs and all bank alerts sent to the particular phone to servers controlled from China. This enabled the Chinese hackers to gain remote access to the Indian bank accounts which were then used to transfer the defrauded money to offshore accounts," the source added.
Time of India
an hour ago
- Time of India
Former loan recovery agent arrested for extortion, blackmail scam via apps; police say pan-India racket exposed
1 2 3 4 Pune: A 29-year-old resident of Vashi in Navi Mumbai has been arrested by the Pimpri Chinchwad police in connection with cheating and blackmailing people through fake loan apps, which he allegedly executed on the instructions of handlers based in Singapore. The arrest, said the police, throws open a pan-India loan fraud racket. Accused Isaki Thevar of Vashi, who worked as a loan recovery agent, has been duping people through at least eight fake loan apps, police officers told TOI, adding that the apps have at least 10,000 complaints registered against them across the country as determined from the national cybercrime portal. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune Investigations further revealed that the suspect and his handlers used Pakistani cellphone numbers to cheat and blackmail several victims. A Pimpri Chinchwad cyber police team led by senior police inspector Ravikiran Nale arrested Thevar last week in Mumbai. As many as five laptops, seven SIM cards, and a mobile handset have been recovered from the possession of the accused. Nale told TOI that in June this year, a woman from Mahalunge MIDC received a link about a loan app from an unknown cellphone number. When she clicked on the link, the crooks gained access to her cellphone. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The all new SP125 that comes with advance technology & features Honda Learn More Undo They then told the woman that she had taken a loan of Rs5,400 from them and demanded that she return the sum. The woman ended up transferring Rs9,000 to different UPI IDs, but the crooks continued to ask for Rs15,000 more. They sent the woman her morphed photographs and threatened to share these with her relatives if she did not pay up. "When the woman did not give them more money, the crooks went ahead and shared her images with her relatives. She then approached the police to lodge a complaint," Nale told TOI. Assistant police inspector Pravin Swami of the cyber police said that when the police team took down the details of the loan app, it was revealed that it had been developed in Navi Mumbai. "Our team went to Mumbai last week and took Thevar into custody. When we checked his laptop, we found at least eight loan apps on it. There were at least 10,000 complaints about these apps from different parts of the country," Swami said. Swami added that their probe revealed Thevar was in contact with handlers from Singapore, for whom he developed these apps. "Thevar worked as a loan recovery agent and was aware of the process needed to run loan apps. He helped handlers obtain permissions to operate these apps by uploading fake documents, like forged permission letters from the Reserve Bank of India (RBI)," the officer said. According to Swami, the handlers from Singapore used to send links about these apps to different cellphone numbers in the country and gain access to cellphones of victims who clicked on these links. "Thevar and other suspects involved in the crime used to morph photographs and blackmail victims," said Swami, adding, "The gang used Pakistani cellphone numbers to threaten people." The officer said that it appears the crooks have blackmailed and extorted money from several people all over India. "Our investigations are ongoing," he said. Swami also said the Pimpri Chinchwad cyber police have gotten all these fake loan apps deleted from a popular online store. "In the last few months, we have managed to get at least 20 fake loan apps deleted this way," Swami told TOI. Pune: A 29-year-old resident of Vashi in Navi Mumbai has been arrested by the Pimpri Chinchwad police in connection with cheating and blackmailing people through fake loan apps, which he allegedly executed on the instructions of handlers based in Singapore. The arrest, said the police, throws open a pan-India loan fraud racket. Accused Isaki Thevar of Vashi, who worked as a loan recovery agent, has been duping people through at least eight fake loan apps, police officers told TOI, adding that the apps have at least 10,000 complaints registered against them across the country as determined from the national cybercrime portal. Investigations further revealed that the suspect and his handlers used Pakistani cellphone numbers to cheat and blackmail several victims. A Pimpri Chinchwad cyber police team led by senior police inspector Ravikiran Nale arrested Thevar last week in Mumbai. As many as five laptops, seven SIM cards, and a mobile handset have been recovered from the possession of the accused. Nale told TOI that in June this year, a woman from Mahalunge MIDC received a link about a loan app from an unknown cellphone number. When she clicked on the link, the crooks gained access to her cellphone. They then told the woman that she had taken a loan of Rs5,400 from them and demanded that she return the sum. The woman ended up transferring Rs9,000 to different UPI IDs, but the crooks continued to ask for Rs15,000 more. They sent the woman her morphed photographs and threatened to share these with her relatives if she did not pay up. "When the woman did not give them more money, the crooks went ahead and shared her images with her relatives. She then approached the police to lodge a complaint," Nale told TOI. Assistant police inspector Pravin Swami of the cyber police said that when the police team took down the details of the loan app, it was revealed that it had been developed in Navi Mumbai. "Our team went to Mumbai last week and took Thevar into custody. When we checked his laptop, we found at least eight loan apps on it. There were at least 10,000 complaints about these apps from different parts of the country," Swami said. Swami added that their probe revealed Thevar was in contact with handlers from Singapore, for whom he developed these apps. "Thevar worked as a loan recovery agent and was aware of the process needed to run loan apps. He helped handlers obtain permissions to operate these apps by uploading fake documents, like forged permission letters from the Reserve Bank of India (RBI)," the officer said. According to Swami, the handlers from Singapore used to send links about these apps to different cellphone numbers in the country and gain access to cellphones of victims who clicked on these links. "Thevar and other suspects involved in the crime used to morph photographs and blackmail victims," said Swami, adding, "The gang used Pakistani cellphone numbers to threaten people." The officer said that it appears the crooks have blackmailed and extorted money from several people all over India. "Our investigations are ongoing," he said. Swami also said the Pimpri Chinchwad cyber police have gotten all these fake loan apps deleted from a popular online store. "In the last few months, we have managed to get at least 20 fake loan apps deleted this way," Swami told TOI.
