Monday, May 19, 2008

Man loses Rs. 1 lakh in online hacking - The Hindu - 14 May 2008

Account holder deposits money in his account online
Money withdrawn by another account holder in Nagpur

KARIMNAGAR: In a white collar offence, a HDFC savings bank account holder lost his Rs. 1 lakh amount sent through online banking facilities into another person’s account reportedly due to hacking and withdrawn by some others in Nagpur of Maharashtra state.
Police sources said that a practicing engineer Ramesh Medipalli was operating a saving banks joint account along with his wife in HDFC bank since last three years. On April 28, he deposited Rs. 1 lakh online in his bank account. But, the said amount was not deposited in his account. Instead, it was hacked and withdrawn by another account holder in Nagpur the same day.
Based on a complaint given by Ramesh, the Karimnagar two town police registered a case and investigating the matter

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