MP News: Youth arrested from Dewas, withdrawing money of cheating from rented accounts

Nayeduniya Representative, Dewas: A case of withdrawing money cheated in the name of advisory has come to light. Police arrested a resident of Sehore district, withdrawing money from rented accounts from the city’s ATM.

Money used to come out of ATMs from different cities

More than one lakh rupees and ATMs of eight different bank accounts have also been seized from the youth. The accused used to withdraw money from the ATMs of bank accounts of different people in different cities. Police has also accused another after questioning.

Accounts of many cities

The accounts are from cities like Damoh in Madhya Pradesh, Jalaun, Kanpur etc. of Uttar Pradesh. Their ATMs and PINs live with the accused. Police industrial area TI Shashikant Chaurasia said that on February 17, the ATM card was reported to be replaced by fraud at Vikas Nagar intersection.

Caught on suspect

A special team was then deployed to keep special monitoring around the ATM. During the surveillance, the police found a person suspect, who was trying to escape from the motorcycle without a number plate. The team immediately caught the suspect and started questioning.

On interrogation, he called his name Vijendra Thakur resident village Gwala police station Javar District Sehore. When the police searched the young man, eight ATM cards and a checkbook were found from him.

Fraud of investment in stock market

When the police arrested the accused and investigated, the accused said that he and his fellow call the common people and lure them to invest in the stock market and put the money of cheating in their accounts. Use accounts hired to withdraw this amount.

The police seized eight ATM cards and one lakh eight thousand rupees from the possession of the accused. Also, 84 thousand rupees deposited in various accounts should also be freezed.

TI Chaurasia said that another accused in the case is absconding. Further investigation will be done in the case after his arrest. The accused Vijendra was produced in the court from where he was sent to jail.

Transactions worth crores of rupees in accounts

According to the information, it is a gang to put the money of the advisory in rented accounts. Accused unemployed youth take millions of rupees in accounts by taking SIMs.

Those accounts then put money from other different accounts. The last account comes to withdraw money from ATMs. The accounts whose information has been received from the accused. Transactions of crores of rupees have been detected in them.