Gang busted for duping people, committing over 100 frauds

A gang was busted from New Delhi for allegedly duping a woman of Rs 2.95 lakh by promising her of renewed insurance policies and committing more than 100 frauds from all over the country, police said today.
The accused, posing themselves as a private bank's representatives, convinced their victims to renew policies and send cheques through courier for the processing, police said.
"The recent woman victim transferred Rs 2.95 lakh to their accounts. When the callers offered her 108 per cent bonus on investment schemes of the bank in one year, she found it doubtful and enquired in bank where she was told that none of her policy was renewed," they said.

Based on her FIR, the mobile phones of the gang members were traced to Delhi. Accused Asif Kamal (27) and Kuldeep Kumhar (20) were nabbed in New Delhi's Laxmi Nagar and were brought to Jaipur for interrogation, police said.
According to police, Asif, an MBA was earlier employed with the bank as a manager and stole the database of the consumers before quitting the job.
He then set up his own call center and cheated the bank's customers, police said, adding that another woman was also involved in the fraud and is being searched.
"During initial investigation, they have admitted to have committed more than 100 frauds from all over the country," the police said.