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Special Teams of Cyberabad Arrest 13 Interstate UPI Fraudsters Involved in Rs 4 Crore Scam
In a successful combined operation, the Cyberabad police have apprehended a notorious 13-member interstate gang involved in a Rs 4 crore UPI fraud. The operation was executed by the Shamshabad Central Crime Station (CCS) team in collaboration with KPHB, Madhapur, and Narsingi police, who detected the fraudsters and arrested them in Rajasthan on September 8.
The gang, specializing in high-tech UPI frauds and cheating schemes, had defrauded M/s. Bajaj Electronics, a reputed business establishment, of approximately Rs 4 crore. Upon their arrest, police teams seized Rs 1.72 lakh in cash and electronic goods worth Rs 50 lakh from their possession. The gang was wanted in 10 fraud and cheating cases across Hyderabad, Rachakonda, and Cyberabad commissionerates, according to K. Narsimha, DCP Cyberabad, in a press meet on Monday.
Special teams were formed by the Shamshabad CCS, Narsingi, Madhapur, and KPHB police after receiving a complaint from Bajaj Electronics. The investigation revealed that individuals from Rajasthan had visited showrooms and purchased expensive electronics, following a sophisticated modus operandi to defraud the establishment.
The gang’s method involved sharing the showroom’s UPI scanner with an accomplice in Rajasthan, who would transfer the money to the showroom. After taking delivery of the goods, the accomplice would file a chargeback complaint with the bank, causing the transaction to reverse and the money to be refunded to the gang’s account. The gang, comprising more than 13 members aged between 20-25 years from Rajasthan, operated in groups, with some members staying in Hyderabad while their associates remained in Rajasthan.
Members in Hyderabad would visit Bajaj Electronics showrooms to purchase high-value electronic items and send the showroom’s QR code to their associates in Rajasthan, who would transfer the money through UPI. After receiving the items, they would sell them and split the profits. The associate who transferred the money would later file a fraudulent complaint requesting a chargeback, resulting in a refund of the amount.
The accused, aged between 25 to 30, are identified as Som Raj, Sunil Lac Ram, Sharwan, Somraj, Shivalal, Ramesh, Shrawan, Pappu Ram, Shravan, Rakesh, Ramesh, and Ashok Kumar. The Shamshabad CCS team, led by M. Pavan (Inspector of Police), DI KPHB, DI Narsingi, and DI Madapur, under the guidance of ACP CCS Shashank Reddy and Kalinga Rao, and the supervision of DCP Crimes K. Narsimha, IPS, with direction from Cyberabad Police Commissioner Avinash Mohanty, detected the fraud and arrested the gang from Rajasthan.
Cyberabad Police Commissioner appreciated the efforts made by the special teams and assured that they would be suitably rewarded for their commendable work.
