Two more arrested in Cosmos Bank cyber fraud case

Press Trust of India  |  Pune 

Two persons have been arrested in connection with the Rs 94-crore cyber at the city-headquartered Cosmos Bank, police said Thursday.

With this, the number of arrested persons in the case has reached four.

"Shaikh Mohammad (28), resident of Sillod in district,and (22) from Bhokar tehsil of district were arrested in connection with fraudulent withdrawal of cash from ATMs," said a police officer here.

Both were into catering and online marketing businesses, he said, adding that probe is on to find their links with the other accused.

Jabbar and Rathod were produced before a which remanded them in police custody for seven days, the said.

On August 11 and 13, unidentified hackers stole information of the bank's and Rupay card customers, attacked SWIFT system and syphoned off a total of Rs 94 crore.

Police believe that after stealing the information, money was withdrawn from ATMs in as many as 28 countries.

On Tuesday, police had arrested from Bhiwandi and Faheem Khan from in the case.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, September 13 2018. 23:15 IST