The Delhi Police said on Monday that it has arrested two guys from Rajasthan for defrauding a corporation out of Rs 80 lakh. They were members of an interstate group reportedly absconding in various cases of cyber fraud. Police claimed to have solved two cases of cyber fraud with the arrests of accused Mehndi Hasan (43) alias Harpal Singh and Md. Arbaj Khan (20).
The Uttar Pradesh Authorities apprehended two of the accused, including the suspected gang's mastermind, an African national, in August this year in a case of Rs 80 lakh fraud, police said. According to the police, the gang mainly targeted large corporations and manufactured forged letterhead and false e-mail IDs that looked like the emails of top executives at those corporations.
The accused issued a false letter to a bank in order to transfer money from the targeted company's bank account to many bogus current accounts set up in the names of fictitious firms or people. According to a senior police officer, the money was then transferred to numerous accounts and withdrawn from ATMs.