Fraudsters obtain 38 credit cards from HSBC Bank, withdraw Rs 1.26 crore

[tachniki]

While we have so much trouble getting credit cards with genuine documents, fraudsters got 38 cards.

Fraudsters obtain 38 credit cards from HSBC Bank, withdraw Rs 1.26 crore

HSBC Bank lost Rs 1.26 crore in an alleged credit card fraud. The bank filed a police complaint. 38 credit cards were issued using fake documents. The cards were used to withdraw the entire amount. Online applications and forged IDs were used in the scam. Police are investigating the crime.

m.economictimes.com

 

[Zacobite]

While we have so much trouble getting credit cards with genuine documents, fraudsters got 38 cards.

Fraudsters obtain 38 credit cards from HSBC Bank, withdraw Rs 1.26 crore

HSBC Bank lost Rs 1.26 crore in an alleged credit card fraud. The bank filed a police complaint. 38 credit cards were issued using fake documents. The cards were used to withdraw the entire amount. Online applications and forged IDs were used in the scam. Police are investigating the crime.

m.economictimes.com

and they harass and scrutinize genuine customers to death... sad but true

 

[Saiv]

why Banks always cuts loose to these kinda people & make the genuine customers to be at the receiving end

 

[tachniki]

why Banks always cuts loose to these kinda people & make the genuine customers to be at the receiving end

Quite possible someone internal involved. But 1.26 cr looks small if internal person is involved.

 

[Exewhyzee]

PAN & Aadhar were forged. If they can't do these basic checks, they deserve it.