25 November 2011

5 arrested for phishing bank accounts

BANGALORE: Five persons were arrested on charges of phishing bank accounts, police said on Thursday.
Cyber Crime Police Station, CID, Bangalore, had received complaints from some bank account holders who had availed online banking facility that they had fallen prey to the phishing attack.
During the course of investigation, it was revealed that when the account holders had responded to the phishing mail, they could not subsequently access their accounts as their contact information, passwords, contact phone numbers and other details had been changed.This had been done by the fraudsters so that the actual account holder was not intimated by the bank about the fraudulent transactions.
Later, the fraudsters had transferred the amount available in these accounts to several beneficiary accounts in Mumbai and northern, north-eastern and other states.
The Phishing mails have originated from Nigeria and other foreign countries.
‘Phishing’ is a technique which is deployed to steal confidential financial information like bank account numbers, net banking passwords, credit card numbers and personal ID details.

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