Hyderabad: Man arrested for siphoning off money
The complainant who is undergoing software training, lodged a complaint on May 21 at the KPHB police station.
Hyderabad: Cyberabad crime cell nabbed a B.Tech dropout on Thursday from Hyderabad for fraudulently transferring Rs 3.9 lakh from his roommate’s account.
K. Srinivas, inspector of Cyber Crime cell, Cyberabad has identified the accused as Nangunoori Nikhil Sai, 21, from Kamareddy. He was staying in KPHB with Pankaj Kumar, 21, the complainant in a hostel at KPHB.
“The accused installed a UPI-enabled payment application on the victim’s phone in March and without his knowledge, would use it to transfer funds into his account. He deleted all text messages which further made the complainant oblivious to the fraud. The accused had fraudulently transferred '3.9 lakh to his own account between from March 26 and May 14,” said the official.
The complainant who is undergoing software training, lodged a complaint on May 21 at the KPHB police station.
He had two bank accounts linked to his UPI application installed by the accused.
The official informed that the accused had committed this fraud for the first time. The accused confessed to his crime and has been sent to judicial remand.