Bank customer details on sale online for just Rs. 500

Madhya Pradesh Police cyber cell has discovered that details on Indian Bank customers are up for sale on the Internet for just Rs 500.

Police in Indore found that the sale after busting an international gang, led by a Pakistan national and operated from Lahore, involved in it. A detective had posed as a customer and bought debit card details of an Indore-based woman in exchange for Bitcoins. The trail led to the arrest of two members of gang from Mumbai.

MP cyber cell got on the case after Jaykishan Gupta, a banking professional, filed a complaint that Rs 72,401 was debited from his credit card on August 28.

“Our investigation revealed that the card was used to buy air tickets for one Rajkumar Pillai of Mumbai. Pillai and his accomplice Ramprasad Nadar were rounded up,” said MP cyber cell SP Jitendra Singh. “Pillai was a former employee of US-based IT service provider Cognizant and Nadar was employed with HDFC bank,” he added.