Bank KYC Update Fraud: Odisha Crime Branch Arrests One More Youth From Mumbai

Bhubaneswar: The Crime Branch of Odisha Police has arrested a youth from Bihar for allegedly selling data of bank customers to fraudsters who committed fraud on the pretext of updating KYC of bank customers.

The sleuths nabbed the Bihari youth, Sundaram Charan residing at Mumbai after getting information about him from three persons who were arrested in Bhubaneswar in connection with the bank KYC fraud case.

Charan was produced in the Court of SDJM, Bhubaneswar on march 17, 2022.

It is worth to mention that the Odisha Crime Branch is investigating Cyber Crime Police Station case no 02 dated 29.01.2022 under sections 419/420/467/468/471/120-B/34 IPC, read with Section 66-C/66-D of Information Technology Act, 2000. During the course of investigation the Crime Branch arrested three persons of Jharkhand on January 29, 2022.

Some incriminating articles like excel sheets containing user phone number, name, email id, purchase item were found in the WhatsApp chat box and it is ascertained that the accused persons were in touch with a person who is providing mobile number to them in exchange of money, said Crime Branch official sources.

Sundaram Charan, who was arrested from Mumbai, has studied Plus II Science and completed data management course at Mumbai. He is running his company, 360 Marketing Private Limited adagency through online and providing services like Bulk SMS, Bulk email, Bulk Whatsapp, Facebook promotion, Voice call (advertisement purpose), Business, Shop and real estate promotion. Charan’s company is tied up with Just Dial, Indiamart, Sulekha, Tedindia on yearly subscription. He was getting information like user phone number, name, email id, purchase item from them, added Crime Branch official sources.

Charan had sold the user data to the fraudsters for wrongful gain. He was taking money in his personal SBI account held at Sakinaka Branch, Mumbai instead of his company account. The accused has taken money from the three fraudsters on the basis per subscriber data @10 to 15 paisa. It is also revealed from the bank statement of the accused that the deposits were made through cash deposit machine to the account of Sundram Charan.

Since 2017, Charan was selling such information to the fraudsters in return of money. On verification of the last six months bank account statement of the accused, it was found out that he has received Rs 17,29,200.

The Crime Branch sources added Charan was arrested on March 15, 2022, as prima facie evidence under Sections 419/420/467/468/471/120-B/34 IPC read with Section 66 CI66-D of Information Technology Act, 2000 is well proved against him. Charan was produced before Additional Chief Metropolitan Magistrate, Bandra Mumbai following his arrest. The Odisha Crime Branch was granted a five-day transit remand of Charan.

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