Dimapur Police arrested one person from Uttar Pradesh on criminal charges of defrauding Nagaland State Co-operative Bank (NSCB), Dimapur of Rs 2 crore.
According to PRO Dimapur police, the arrest of the person– Gyanendra Singh (26 yrs) – from Uttar Pradesh’s Gonda district followed a complaint filed by NCB that during 2020-21 unknown people had caused huge financial loss to the tune of Rs 2 crore to the bank by raising falsified chargeback claims on ATM transactions through multiple ATM cards of various banks.
During the investigation supervised by ACP ‘C’ division, the accused revealed that personal bank accounts would first be opened in various banks of the country, especially in Chandigarh and Uttar Pradesh, after which physical travels would be made to Dimapur to withdraw cash from the co-operative bank’s ATM.
On successful withdrawal of cash, the individual would travel to other states and make false chargeback claims from the parent bank branch on the concocted claim that during the ATM withdrawal process, the amount was debited from his account even though the ATM did not dispense cash.
Six ATM cards of Punjab National Bank and SBI, Aadhar card and a flight ticket were also seized from the person. A case has been registered at West PS.