Delhi MBA man held for net banking frauds

    By IANS,

    Gurgaon : An MBA from Delhi University who took to internet banking frauds to earn a quick buck, after quitting his high salary job, has landed in the police net here. After questioning by investigators, he was Thursday sent to judicial custody by a court, an official said.

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    Amit Sabharwal, 34, a resident of north Delhi’s Rohini area, was arrested by Gurgaon police June 29 from west Delhi’s Najafgarh area, a police official said.

    Fed-up with his habit of committing frauds, his wife too had deserted him, police said.

    Sabharwal had employed a junior Vijay Sahni alias Vijay Chugh, a resident of Delhi who was arrested from Najafgarh May 30, for executing his plans, police said.

    “The main accused in the crime was Amit Sabharwal, he had kept Vijay on salary of Rs.6,000 per month,” said Police Commissioner Alok Mittal.

    “Amit was one of the high scorers of MBA 2002 from Delhi University with 89 percent marks. He was employed as a senior manager with a firm at Sonipat in Haryana,” he said.

    He was getting Rs.72,000 per month salary but refused to move with the company when it shifted to Kolkata in 2008, police said.

    Vijay was involved in illegally withdrawing Rs.1 lakh from the bank account of a Gurgaon resident through net-banking, police said.

    Sugato Debgupta, a resident of Malibu town here, complained that someone withdrew Rs.1 lakh from his account at HDFC Bank. A cheating case was registered May 29, police said.

    “The accused hacked the mail ID of the victim and made changes in his accounts and changed the mobile number of SMS alert,” said Suresh Kumar, chief of Gurgaon cyber crime cell.

    Police said the accused had managed to get sanctioned Rs.3 lakh as loan in Debgupta’s name and were about to withdraw it.

    Besides Gurgaon’s Rs.1 lakh net-banking fraud, the accused also duped Raghav Bhalla of Punjab’s Pathankot of nearly Rs.4 lakh, police said.

    “Amit was in a jail in Agra for over two months over a net-banking fraud of Rs.5 lakh and came out of jail three months ago,” a police official said.

    “The accused had almost withdrawn Rs.85 lakh from an account of a dead businessman Ashok Bansal and was supposed to collect the amount June 30, but was arrested a day earlier,” police said.