With KYC ruse, 3 dupe man of Rs 1.7 lakh in Mumbai

MUMBAI: The D B Marg police recently busted a gang that used to con people using the threat of shutting down their Paytm accounts. In a recent case, they duped a 73-year-old man from Vile Parle of Rs 1.7 lakh.
The arrested accused were identified as Narshi Sutar (23), Nandkishore Sutar (26), and Arvind Singh (27), who acted as their mentor to run the scam.
The complainant, Anil Shah, told the police that he had received a text message from a mobile number, that asked him to contact them and update his information (KYC) for his Paytm account, or the account would be closed.When Shah called the number, he was told that those who did not submit their documents and update their accounts, had their accounts shut down. Shah then shared his details. After that, Rs 1.7 lakh was debited from his account.
Shah then approached the police to lodge a complaint. While probing the case, the police found that the fraudsters had purchased six mobile phones and some vouchers from malls in the city. Based on these details, the Sutars were taken into custody from Lower Parel. During their investigation, they told the police about their 'leader', Arvind Singh.The police then picked him up from Jharkhand.
The police have recovered property worth Rs 1.2 lakh in Shah's case. They also found 70 mobile phones that they suspect the three accused had used to run their scam. The trio would get the victim's account details, hack into the account and then transfer the money to themselves. The three were remanded in police custody till January 20.