The Mumbai Crime Branch arrested five members of a cybercriminal gang from Assam for defrauding foreign bank HSBC of Rs1.26 crore by using credit cards obtained through forged documents and customer data theft.
The accused — Mohebur Aslam Rehman (28), Azarul Islam (27), Iliyas Islam (25), Aub Bakar Siddique Ramzan Ali (37), and Moinuddin Ahmed (26) — were apprehended from various locations in Assam’s Morigaon district following a coordinated operation with local police.
The fraud came to light after the vice-president of HSBC lodged a complaint last year, revealing that 55 credit cards were issued fraudulently using forged documents and data from genuine customers with good CIBIL scores.
The gang used these credit cards for online shopping and diverted funds to multiple bank accounts. The investigation traced suspicious transactions, usage locations, and mobile phones to Assam, leading Mumbai police to conduct a raid and arrests.
The accused are now being transported to Mumbai for further legal proceedings.
