03 February 2012

Nigerian 'kingpin' arrested in multi-crore online banking fraud


KOLKATA: Beware before clicking a mail sent by any unknown person. You could be a victim of 'sphygmograph' - a hi-tech e-fraud - and within days fraudsters may empty your bank account.

Investigators say that Felix, who has been in India since 2006, is one of the masterminds of the racket which has swindled crores of rupees from people in the last year alone.

The scamsters used to send lucrative mails randomly across the country. The mails could be in different forms. You could get a job offer from a multinational company. Or a lottery or even a greetings. When a recipient clicked on the mail, a Trojan virus would penetrate their system.
It remains dormant when the victim logs out of the mail account. When he logs back in, the virus starts copying every stroke on the keyboard and the details of the mail and sends to the mother server operated by the fraudsters. Soon after getting the copied details, the fraudsters start monitoring the victim's mail. If he logs into his bank account online to check his balance, the racketeers get every detail, including the password. If the victim's account balance is lucrative then transfer the money to another account opened in a fictitious name.....


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