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Dismissed IAF employee held for credit card misuse

Staff Reporter

HYDERABAD: A dismissed employee of Indian Air Force (IAF), who allegedly misused credit cards of others after clandestinely collecting crucial database like card number and password, was arrested by the police on Monday. The accused, M. Raja Rao, 39, allegedly used to stand beside persons using credit cards at shopping malls, railway stations or bus-stands and secretly note their credit card details and Personal Identification Number (PIN). He would ring up the card holders later claiming to be the executive of the bank concerned and convince them about his identity by revealing their credit card details.

Rao used to gather further details of the customer including the latter's date of birth and expiry date of the card. Using this information, he would log into customer's credit card account and change the password. The accused then would ring up the bank's customer care centre and place a request for change of his address for communication and e-mail id. With this, the original owner of the credit card would be blocked from getting any details of the transactions made by using the card. Rao then would purchases make online shopping using data of the cards. Thus, he duped nearly 60 credit card holders of Rs. 10 lakh so far.

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