Four persons, including a woman, were arrested today for fraudulently withdrawing Rs 19.75 lakh from 49 bank accounts after stealing ATM card details through skimming in Mumbra.
The accused allegedly installed a skimmer in an ATM in the locality to capture details of customers swiping their cards to withdraw money, Joint Commissioner of Police, Thane, Madhukar Pandey said.
In a skimming fraud, hidden electronics is used to steal the personal information stored on debit card and record Personal Identification Number (PIN).
The Cyber Cell of the Thane police traced down the quartet through CCTV footage and their mobile numbers.
The accused are identified as Hyder Ali Sher Ali Sarang, Tabassum Mistry alias Janhavi alias Jyotsna, Sohail Shaikh, and Mohammad Jaid Rangwala, working with a mobile gallery.
According to police, the accused used to withdraw money within an hour after acquiring details of ATM cards of the victims.
One of the accused, Rangwala had provided SIM cards to his accomplices on fake identification, police said.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)