Two members of an inter-state gang involved in ATM frauds of around `1.64 crore were held and 60 ATM cards used in the fraud were recovered from their possession said Bhopal (South) Superintendent of Police Anshuman Singh while speaking to the mediapersons on Tuesday.
The two miscreants nabbed were identified as Parvinder Singh (27) and Narendrajeet Singh (44) while the third who managed to escape and is still missing was identified as Ravindra Singh alias Billa.
Explaining the modus operandi, SP Singh told that the accused used to cut off the power supply of the ATM machine immediately after the withdrawal due to which the record of the transaction would not be registered with the system and would later, lodge complaint for refund.
The transactions with these bank accounts were managed properly so that the bank accounts remain operational.
They used to withdraw money from different bank accounts to avoid suspicion on the multiple refund requests.
The accused have withdrawn money from 17 banks in Delhi, Agra, Allahabad, Faridabad, ludhiana, Ferozpur and several other cities.
ATM cards recovered from their possession were of their relatives and friends. They used to travel and target the ATM machines without security guards.
Accused were nabbed after security guard Puspendra Yadav of ICICI Bank ATM machine at Peer Gate lodged a complaint that the two miscreants entered the ATM machine and asked him that the machine is having cash or not and later, locked him in the bank room and switched off the power supply of the ATM machine and when he managed to rescue himself, he spotted that the two escaped towards Imami Gate in a car.