North Indian gang held for ATM fraud

Published - November 13, 2021 08:11 pm IST - Thrissur

Thrissur city police on Saturday nabbed a four-member north Indian gang in connection with ATM fraud. The gang siphoned money from ATMs by manipulating censors in the machines.

Thrissur East Police Station Inspector P. Lal Kumar and team arrested Manoj Kumar, 55, Ajay Shankar, 33, Pankaj Pande, 25, and Pavan Singh of Kanpur, from Thrissur Railway station.

A complaint was lodged at the East Police by SBI bank officials about siphoning of money worth ₹1,50,000 in two days on November 9, and 12 from the SBI ATM near Aswini Junction.

During the investigation, the police got the visual of the fraudsters from CCTV cameras of the ATM. During the search with the visuals, the police nabbed them from Thrissur railway station. More than 100 ATM cards and ₹ 35,000 were seized from them.

Modus operandi of the gang was very clever, says Mr. Lal Kumar. Fraudsters will create bank accounts and take ATM cards. Small amounts will be deposited in these accounts. Then they will withdraw money from the ATM machines. At the time the machine delivers money, they will insert something in the censors and will make it defunct.

Though they will get the money, the ATM monitor will show the message that money can’t be delivered due to technical errors.

The fraudsters will complain to the customer care immediately saying they failed to get the money. According to the RBI rule, if the bank gets such complaints, it should give the money to the customer within three days. Thus, the bank will be forced to give money to them. By repeating the process, they will siphon huge money.

The police suspect that they had committed the fraud in many ATMs across the State. The police are also searching details of the bank account holders of the ATM cards seized from them. They have been remanded in judicial custody.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in


Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.