Youths arrested for diverting cheques to illegal accounts in nexus with courier firms
Youths arrested for diverting cheques to illegal accounts in nexus with courier firms
They are young, they are clever, they are resourceful and they are frauds.
The Noida Police have cracked a unique scam, involving six young men who used to get cheques sent through couriers into their accounts opened by furnishing fake documents.
Sanjay, Sunil, Akhilesh, Deepak, Nirbhay Dubey and Sawan Kumar were arrested on a tip-off on Monday. The allegedly made several lakh of rupees by running the fraud in the nexus of some courier company agents.
The gang was active in the national capital region for quite some time and two membersu00a0-- Sanjay and Sunilu00a0-- are wanted in various fraud cases in Delhi.
"Several cases of cheques gone missing were being reported for some time. We were on the lookout for the people behind the crime. We are also investigating about their links in the courier companies," said Noida Senior Superintendent of Police AK Singh.
The gang used to steal parcels containing cheques of large amounts of money and open accounts by the creditor's name in prestigious banks like the State Bank of India and ICICI. They managed to open several accounts like this using forged documents like fake driving license, passport and residential proof.
Most often one of them, who already have an account in the particular bank branch, becomes the guarantor.
The police are also investigating as to how the gang managed to obtain fake documents and whether some people helped them through verification while opening accounts.
