Hyderabad: A gang involved in cheating banks by raising false complaints of failed transactions at ATMs have been arrested. Police said the gang used debit cards of known persons to withdraw money from ATMs. Police said the accused would cover the cash dispenser slot for a few seconds while cash was dispensed, collected cash and then raised a complaint saying …
If someone needs cash, they go to an Automated Teller Machine. Goldsikka ATM-- India's first Gold ATM and World's first real-time gold ATM allow people to withdraw gold coins just like cash from this gold ATM using their debit or credit cards. Goldsikka Pvt Ltd a gold distributor company, installed its first gold ATM on December 3 in collaboration with …
The arrest of 23 people for swindling Rs.12.48 crore from AP Mahesh Co-Operative Urban Bank Ltd has brought forth the elaborate mechanism used for the fraud — from 200 phishing emails, to transfer of money from four bank accounts to 115, followed by withdrawals at 938 ATM kiosks. CV Anand, police commissioner, Hyderabad city, said, “On January 23, the server …
