A mechanical engineering diploma holder was arrested from Vadodara for his alleged involvement in fraudulently transferring Rs 55 lakh from the account of a Delhi company through internet banking facility, police said.
Kapil Nagle, 25, who hails from Madhya Pradesh's Betul, was apprehended from Vadodara yesterday following probe into a complaint by Corporation Bank that Rs 55 lakh was fraudulently withdrawn from a customer's account.
Five of his friends, involved in the fraud, are on the run.
"A sum of Rs 55 lakh was transferred from a Corporation Bank account in Delhi to various accounts in Vadodara. Transaction were through internet banking facility by using deceptively similar email ID," Additional Commissioner of Police (EoW) S D Mishra said.
On April 15, the bank received a mail from an email ID similar to the bank requesting for four online transfers for Rs 70 lakh for credit to four different accounts of two banks.
"The bank replied to the said mail on same date and asked for providing the cheque numbers of the said firm and also asked to reply on the difference in amount in words and figures.
"The bank received reply to its email wherein particulars of the cheques were provided in the mail and amount was corrected. Thereafter, the bank effected four RTGS transfers to the bank accounts. A transfer of 15 lakh returned back thereby making the total amount of fraudulent transfer through three transfers at Rs 55 lakh," Mishra said.
He said the accused managed in getting a number of fake proprietorship firms registered with the district industries center in Vadodara in different names using fake identities.
The accused then opened a number of current accounts in various banks using the information, the ACP said.
Nagle holds a diploma in Mechanical engineering. After a brief stint of jobs in call centers in Bhopal, he moved to Surat in search of work. There he met Atul Singh, the alleged kingpin in the racket, through a common friend.
