The Central Crime Branch on Wednesday busted a gang which committed bank frauds using PAN and Aadhaar card details of others.
The main suspect, Rajesh alias Raji, 34, an MBA graduate, collected details of PAN and Aadhaar card holders, which were stored in the computers of a browsing centre. Using the details and photoshop tool, he replaced the pictures with his, creating forged document. With the help of the documents, he opened new bank accounts and obtained credit/debit cards. He purchased consumer durables and withdrew cash using those cards.
Along with another friend, Vinodh, he collected PAN and Aadhaar card details from the customers in a shop dealing with mobile phone recharge. And again, obtained loans in a fraudulent manner with private financial firms and two-wheeler dealers.
The duo continued their activities along with two other persons — Manikandan and Saravanan — who were giving loans against credit cards. With their help, Rajesh approached a few database vendors and obtained information to produce more fake credit/debit cards.
The entire fraud came to light when one Yuvaraj found out in the CIBIL ranking, which showed that he bought an iPhone using a credit card that he obtained through a salary account with a leading bank. Mr. Yuvaraj later lodged a complaint with the crime branch.
The special team arrested Rajesh, of Kodungaiyur, K.Vinodh, 27, of Kodungaiyur, Manikandan, 34, of K.K. Nagar and Saravanan, 35, of Ayanavaram. The police also seized fake credit/debit cards, cheque books, consumer durables and two-wheelers.
