The cyber crime cell of Mumbai Police today arrested a Bulgarian national Milcho Angelo for ATM fraud and siphoning off lakhs of rupees from the accounts of several people. <\/p>\n
The bank (name withheld) whose ATMs were targeted by Angelo, submitted CCTV footage from one of their ATMs in Juhu to lodge the complaint. <\/p>\n
Angelo, 45, was arrested from his rented accommodation and eight ATM cards along with Rs 70,000 have been recovered from him. <\/p>\n
\"We are investigating how many people are involved in this fraud and till now how many accounts have been comprised,\" said DCP Akhilesh Singh, cyber crime cell. <\/p>\n
The accused used to clone cards and then withdraw money. \"He was living a lavish life... He paid Rs 1.5 lakh as rent for the house. We are investigating how he cloned cards and got the data,\" added Singh. <\/p>\n
Angelo is currently in police custody till April 17. He has been booked for data theft, impersonation under Section 66C, 66D of Information Technology Act. <\/p>\n
The police is now finding a translator to record his statement. Angelo is on an year-long tourist visa to India. <\/p>\n
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Mumbai: Foreign national held for fraud, cloning ATM cards : India ... - India Today<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The cyber crime cell of Mumbai Police today arrested a Bulgarian national Milcho Angelo for ATM fraud and siphoning off lakhs of rupees from the accounts of several people. The bank (name withheld) whose ATMs were targeted by Angelo, submitted CCTV footage from one of their ATMs in Juhu to lodge the complaint. Angelo, 45, was arrested from his rented accommodation and eight ATM cards along with Rs 70,000 have been recovered from him Continue reading