Warning: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' (this will throw an Error in a future version of PHP) in /home/dasktech20/public_html/thecyberforum.com/wp-content/themes/herald/functions.php on line 73
Online fraud – The Cyber Forum https://www.thecyberforum.com Thu, 27 Dec 2018 15:40:31 +0000 en-US hourly 1 https://wordpress.org/?v=5.4.2 https://www.thecyberforum.com/wp-content/uploads/2018/07/cropped-justice-147214_960_720-32x32.png Online fraud – The Cyber Forum https://www.thecyberforum.com 32 32 SamSam Ransomware: A Cyberattack Launched by 2 Iranians in the US https://www.thecyberforum.com/2018/12/01/samsam-ransomware/ https://www.thecyberforum.com/2018/12/01/samsam-ransomware/#respond Sat, 01 Dec 2018 12:00:13 +0000 https://www.thecyberforum.com/?p=2380 SamSam ransomware is one of the highest profile cyber-attacks on the US soil and one of its unique kind in the 21st century. It is launched by 2 Iranians, Faramarz Shahi Savandi (34) and Mohammad Mehdi Shah Mansouri (27), and 2 more Ali Khorashadizadeh and Mohammad Ghorbaniyan as they are sanctioned by the US for […]

The post SamSam Ransomware: A Cyberattack Launched by 2 Iranians in the US appeared first on The Cyber Forum.

]]>
SamSam ransomware is one of the highest profile cyber-attacks on the US soil and one of its unique kind in the 21st century.

It is launched by 2 Iranians, Faramarz Shahi Savandi (34) and Mohammad Mehdi Shah Mansouri (27), and 2 more Ali Khorashadizadeh and Mohammad Ghorbaniyan as they are sanctioned by the US for their involvement in helping them exchanging the ransom payments from Bitcoin digital currency into Rials.

SamSam ransomware was a 34-month long hacking scheme in which hospitals, schools, companies, and government agencies, including the cities of Atlanta, Georgia, New York, and New Jersey got hacked by them.


Read more >> A New Ransomware Technique Uses Your Password to Fraud You


It caused $30 million in losses to victims and getting their hands on over $6 million in the ransom payments.

Six courts indicted charges on them. One count charged in the conspiracy to commit wire fraud, another for fraud related to computers, and other courts accusing them of intentionally damaging protected computers and illegally transmitting demands related to protected computers.

Though it would be difficult to hold them accountable in a federal court because the United States does not have an extradition treaty with Iran.

Experts believe that because of this issue actions are unlikely to have an impact.

It’s not a new thing because lower scale not this type of cyber-attack also occurs in 2016 that forced Hollywood Presbyterian Hospital in Los Angeles to turn away patients.

One last year happened that caused shutting down Atlanta courts and much of its city government.

The post SamSam Ransomware: A Cyberattack Launched by 2 Iranians in the US appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/12/01/samsam-ransomware/feed/ 0
UK & Dutch Fined Uber More Than About A Million $ For Violating Data Protection Laws https://www.thecyberforum.com/2018/11/29/violating-data-protection-laws/ https://www.thecyberforum.com/2018/11/29/violating-data-protection-laws/#respond Thu, 29 Nov 2018 16:00:59 +0000 https://www.thecyberforum.com/?p=2358 During the 2016 cyber-attack on the famous private transportation American company UBER, violated data protection laws as the company didn’t t act after it got hacked. This resulted in 174,000 users along with the driver’s personal information being hacked. Dutch officials also accused that the company didn’t even denounce the security flaw within the next 72 hours […]

The post UK & Dutch Fined Uber More Than About A Million $ For Violating Data Protection Laws appeared first on The Cyber Forum.

]]>
During the 2016 cyber-attack on the famous private transportation American company UBER, violated data protection laws as the company didn’t t act after it got hacked.

This resulted in 174,000 users along with the driver’s personal information being hacked.

Dutch officials also accused that the company didn’t even denounce the security flaw within the next 72 hours as required by the data protection laws. The case was called by the UK & Dutch authorities against the company where the company accepted its faults and accusations.


Read more >> Google Employees Walked Out: A Climax In The Tech World


Uber was fined with the sum of about $1.2 Million. Afterward, the company improved its data protection & security system.

As UBER officials said

They had learned from their mistakes from the past and hopefully, our customers will not see such cases in the near future.

The post UK & Dutch Fined Uber More Than About A Million $ For Violating Data Protection Laws appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/29/violating-data-protection-laws/feed/ 0
Online Digital Advertisement: 8 Got Charged in Fraudulent Case By US https://www.thecyberforum.com/2018/11/29/online-digital-advertisement-fraudulant-case/ https://www.thecyberforum.com/2018/11/29/online-digital-advertisement-fraudulant-case/#respond Thu, 29 Nov 2018 12:00:10 +0000 https://www.thecyberforum.com/?p=2362 8 people got caught, said by the U.S. Justice Department as they are accused of having links with two international cybercriminal rings in the fake online digital advertisement case. For the unraveling of these digital schemes, the U.S. and other international law enforcement agencies got helped by Google and Microsoft. Read more >> Etihad Group of […]

The post Online Digital Advertisement: 8 Got Charged in Fraudulent Case By US appeared first on The Cyber Forum.

]]>
8 people got caught, said by the U.S. Justice Department as they are accused of having links with two international cybercriminal rings in the fake online digital advertisement case.

For the unraveling of these digital schemes, the U.S. and other international law enforcement agencies got helped by Google and Microsoft.


Read more >> Etihad Group of Companies Job Scam


On fake web pages, they programmed computers to load advertisements and fraudulently obtain digital scheme advertising revenue as they cost tens of millions of dollars to the advertisers by scheming it out.

Three of them got arrested overseas they are now waiting as extradition is going to be done because most of the defendants are from Eastern Europe.

The post Online Digital Advertisement: 8 Got Charged in Fraudulent Case By US appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/29/online-digital-advertisement-fraudulant-case/feed/ 0
What are the laws available in Pakistan on ATM skimming? https://www.thecyberforum.com/2018/11/25/what-are-the-laws-available-in-pakistan-on-atm-skimming/ https://www.thecyberforum.com/2018/11/25/what-are-the-laws-available-in-pakistan-on-atm-skimming/#respond Sun, 25 Nov 2018 22:10:40 +0000 https://www.thecyberforum.com/?p=1876 Introduction Cybercrime is not just subject to harassment only but is a vast field covering all fraudulent acts through digital sources. ATM fraud is one of them and I’ve designed this article specifically to talk about this matter which people usually don’t consider necessary to talk about until they face such a scam. Before talking […]

The post What are the laws available in Pakistan on ATM skimming? appeared first on The Cyber Forum.

]]>
Introduction

Cybercrime is not just subject to harassment only but is a vast field covering all fraudulent acts through digital sources. ATM fraud is one of them and I’ve designed this article specifically to talk about this matter which people usually don’t consider necessary to talk about until they face such a scam. Before talking about Pakistani scenario, it is important to talk about other countries where there are laws regarding ATM skimming, to get some real-life examples.

In a developed country like Thailand, it is reported that approx. 6000 people have been affected by ATM skimming in July. Though, there is smart technology, security cameras, updated & centralized banking systems everywhere and yet approx. $1.8 million has been stolen.

the cyber, online fraud, data breach,
Figure 1: Arrested ATM card fraud suspects with Thai police in Bankok

According to IMF, almost $2 billion has been lost through ATM skimming during 2017. As the ratio of reported crimes are 1 out of 10 in developing countries and 6 out of 10 in the case of developed countries and the above statement is a reported news. So based on such ratio, I believe that around 8 to 9 billion dollars have been skimmed.

On a contrary, we belong to such a vulnerable country where – primarily – there is a scarcity of laws, low applicability of available laws, incompetent agencies having fewer resources and a prolonged list of many loopholes. There is a cocktail of criminals who are walking free without any fear of getting arrested. So this article is all about ATM skimming, skimmers’ tricks, how you can make your account protected and available laws in Pakistan.

Possibilities of ATM skimming

Figure 2: Process

Here we are going to mention – one by one – what are the possibilities through which ATMs are skimmed.

  • When you insert an ATM card, there attach a card reader in ATM machine that reads the information on that individual credit or debit card. ATM skimmers also attach another reader to scan your ATM card and thus capture internal information.
  • A small camera may be attached with the reader as well by skimmers which copies your passcode.

Through this two-way method, they copy information, identity and pin number of your card and draw all amount from your bank account.

This is one method of ATM skimming. Now I am going to share another method which is a most conventional & traditional way and I’ve personally been a victim of it. Let’s talk about this one.

  • Once I inserted my ATM card in an out of service machine which got stuck inside it. There was a person standing outside and waiting for me to come out. He then asked me to enter the code saying that, “Through this way machine will push your card out” and by doing so, he memorized my pin code. Later, he told me to come tomorrow to take your card back as my card was already got stuck before yours. Meanwhile, my card came out and he quickly re-inserted the card, entered the pin code and drew the amount.
  • Another thing is social engineering which is very dangerous. In this method, a person takes someone’s card and start guessing his code number. He thinks of the pin code by the owner’s date of birth. For instance, the owner’s birthday is April 4, 1986, so he may have 4486 as his code number. Then through social engineering or social hacking – which is very tricky – the person can withdraw balance from that account.

Tip: Being an IT expert, I must suggest you to not do anything to a system when it gets hang. Simply leave it. It may has many instructions in its system which is delaying the process which the system will proceed one after another in its instruction queue system. So be patient.

How to refrain from ATM skimming?

cyber harassment, online harassment, data breach, online fraud
Figure 3: Refrain from ATM skimming

This is the important part which most of the readers want to get know. The basic things are:

  1. First of all, whenever you go to the ATM machine, you need to check the surface of the keypad by pressing it to make sure that it is not shaking and another keypad is not adjusted on it. This simply points out the skimmer technique of placing their keypad over a machine to capture your pin. They may have placed another cap with a laser or any other thing which is suspicious.

You surely need to check all these things in ATM before withdrawing. If you see a tiny camera associated with a pad then definitely neither insert your card nor enter your code. Just inform the concerned bank.

2. Never ask for help if you don’t know how to use ATM. Just get a credible person to teach you.
3. Never share your ATM card and pin code with anyone.
4. Just lock your door whenever you go to ATM.

By doing so, you can refrain from ATM skimmers and protect your account.

Other tricks

cyber harassment, online harassment, data breach, online fraud
Figure 4: Other tricks

Now talking about a crime which is committing in Pakistan but people do not take seriously to report it.
You have used your card in Point of Sale System (POS) like KFC, McDonald’s or alike where you can use your visa card. The standard procedure is, you give your card to them who scratch it, deduct amount and take your signature. Nothing else. But in some cases, people don’t understand protocols, don’t consider these standards serious and don’t know how to use POS or visa card. In this case, they ask for the pin as the card is not usable without it. Some people give their pin to them and thus they can be exploited this way. This is strictly not included in standard operating procedures to share your pin with anyone in any situation.

Next important thing is to have a copy of your signed receipt whenever you use your visa card. So, if you get to know that your amount is getting extracted then you can ultimately pursue to that person or shop and enquire about compromising of your account. Hence, you need to let them know, what you are going to do.

If your account is skimmed!

cyber harassment, online harassment, data breach, online fraud
Figure 5: Bluff

If you get to know about skimming your account, you first need to ask your banking service to block your card. Then, you will know about the skimming information, from where your account is skimmed, total amount and all whereabouts so that you can register a case. Usually, people do not pursue because of less amount but in my point of view, you need to pursue the matter – in either way – to set an example to beware people.

You need to on SMS notification of your banking service. Don’t put off that SMS notification so that you get notified if any transaction that you didn’t make. In this way, you can minimize more exploitation of your account.

Punishment of ATM skimming

Pakistan Cyber Crime Act gives you protection in this regard as there are provisions on online fraud. There is 4 to 6 years imprisonment in case of online fraud or ATM skimming in Pakistan. As this does not include only one crime but

1. Compromising an ATM machine of an organization
2. Stealing someone’s information (Privacy issue)
3. Crime is committed by stolen information
4. Ultimately it is a crime

All these steps comprise ATM skimming and thus average 5 years imprisonment is subject to online fraud depending on the sensitivity of crime which may lead to beyond 5 years along with PKR 2 to 3 million fine. Besides this, the culprit also needs to pay back the stolen amount to the owner.

Procedure for reporting a case

cyber harassment, online harassment, data breach, online fraud
Figure 7: Filing a case

The procedure of reporting ATM skimming case is not hectic but needs your intense interest. First, you need to get the information from the respective bank. Submit a copy of that information, a copy of your CNIC and a written complaint to FIA Cyber Crime office in person. Your proofs should include your income statement, all transactions and places of transactions. It would be good if – somehow – you get the CCTV footage from your bank at the time of the transaction to strengthen your complaint. Recently, cybercrime team Rawalpindi has arrested a gang involved in ATM skimming.

Final words!

I have always said that there is no shortcut way to get justice. In one way or another, you have to pursue the matter. If you get threaten by any digital mean then FIA’s cyber crime wing is the relevant authority you should report to. They forward the case of those only, who insisted to proceed further. This article is purely written for the informative purpose. If you have faced such a situation then do let us know so that we may get to know what we should do if this ever happened.
Make sure to spread the information and get in touch for more information.

The post What are the laws available in Pakistan on ATM skimming? appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/25/what-are-the-laws-available-in-pakistan-on-atm-skimming/feed/ 0
Cryptocurrency Mining: Crackdown On Digital Currency Traders https://www.thecyberforum.com/2018/11/24/cryptocurrency-mining-crackdown/ https://www.thecyberforum.com/2018/11/24/cryptocurrency-mining-crackdown/#respond Sat, 24 Nov 2018 18:20:01 +0000 https://www.thecyberforum.com/?p=2328 LAHORE: Prime Minister Pakistan ordered to start an investigation on digital currency mining and crackdown its operations. The investigation is carried down under the supervision of Director Cybercrime Captain Rtd. Shoaib. First time in the history of cybercrime in Pakistan digital currency mining machine creates bitcoins is seized by FIA. Accused named Hassaan, Rizwan, and […]

The post Cryptocurrency Mining: Crackdown On Digital Currency Traders appeared first on The Cyber Forum.

]]>
LAHORE: Prime Minister Pakistan ordered to start an investigation on digital currency mining and crackdown its operations.

The investigation is carried down under the supervision of Director Cybercrime Captain Rtd. Shoaib. First time in the history of cybercrime in Pakistan digital currency mining machine creates bitcoins is seized by FIA.

Accused named Hassaan, Rizwan, and Salman used to trains people for cryptocurrency mining. According to Investigation Officer Aashir:

A grand crackdown continues on bitcoins and digital currency mining machine is seized by FIA Cybercrime Wing. In order to carry out the operation, there was a raid in Gulberg and arrested three accused. A bitcoin mining machine is seized from their possession.

Adding that, it is a very fine group dealing with all digital currency mining. They established an alleged Bit College to spread the learning of cryptocurrency mining and expanding its trade.


Read more >> Cryptocurrency Hack: Hackers Lifts $1 Million From A San Francisco Man’s Phone Number


People are selling and purchasing bitcoins out of the tax net. These are basically a virtual currency having no meaning in reality. Some forums give an online wallet where people can get digital currency.

There is clearly no surety behind the security of their digital currency. If the admin block the website then people can lost their cryptocurrency worth millions.

The post Cryptocurrency Mining: Crackdown On Digital Currency Traders appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/24/cryptocurrency-mining-crackdown/feed/ 0
Cryptocurrency Hack: Hackers Lifts $1 Million From A San Francisco Man’s Phone Number https://www.thecyberforum.com/2018/11/24/cryptocurrency-hack/ https://www.thecyberforum.com/2018/11/24/cryptocurrency-hack/#respond Sat, 24 Nov 2018 12:30:10 +0000 https://www.thecyberforum.com/?p=2314 Hacking is a new and easy way for stealing and robbing money nonowadays. Recently a cryptocurrency hack took place with a father of two, Robert Ross in San Francisco. He got hacked by a 21 years old Nicholas Truglia who clean up $1 million from his account. Victim saved this sum for his daughter’s college […]

The post Cryptocurrency Hack: Hackers Lifts $1 Million From A San Francisco Man’s Phone Number appeared first on The Cyber Forum.

]]>
Hacking is a new and easy way for stealing and robbing money nonowadays. Recently a cryptocurrency hack took place with a father of two, Robert Ross in San Francisco.

He got hacked by a 21 years old Nicholas Truglia who clean up $1 million from his account.

Victim saved this sum for his daughter’s college tuition fee. During the case hearing the prosecutor said that not only this but the criminal hacked multiple Silicon Valley executives but he wasn’t able to rob their accounts.

The criminal is arrested and is now charged with 21 counts including identity theft, cryptocurrency hack, fraud, embezzlement, crimes that “involve a pattern of related felony conduct,” and attempted grand theft by the court.

On Oct 26, the victim got confused and went to Apple store for his cell phone checking suddenly he lost his cell phone signals. He converted that money to cryptocurrency and moved it to his own accounts.

Officials were able to recover $300,000 from his computer hard drive but the rest of the missing money may be tough to track down.

Cryptocurrency trading gets popularity especially last year. In it, the transactions are recorded on a public ledger, known as blockchain. They can also be seen by anyone, but the identity of the sender and receiver are kept anonymous.

However with the increase of cryptocurrency hack, individuals through cryptocurrency lost by $1.6 billion at the end of June.


Read more >> Fake Cryptocurrency Apps: Four Fake Apps On Google Play Store


SIM-Swapping Schemes

Sim swapping is not a new thing in the hacking world where they take over phone number accounts by duping wireless carries.

It can be controlled as experts said:

By guarding cellphone numbers like guarding their social security numbers. Another way is that the investors keep their money in cold storage where one can store digital currency offline, away from any internet access and harder to hack.

A case emerged in summer this year when AT&T was sued by Michael Terpin, a California man, of about $224 million after $24million worth got cryptocurrency hack by using his number.

The post Cryptocurrency Hack: Hackers Lifts $1 Million From A San Francisco Man’s Phone Number appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/24/cryptocurrency-hack/feed/ 0
New Scam In The Town Beware: ‘WhatsApp Black Friday’ https://www.thecyberforum.com/2018/11/23/whatsapp-black-friday-scam/ https://www.thecyberforum.com/2018/11/23/whatsapp-black-friday-scam/#respond Fri, 23 Nov 2018 18:00:50 +0000 https://www.thecyberforum.com/?p=2312 As the popularity of WhatsApp is sky leaping, scammers and such thefts are also very loud in this social medium as well like the one dangerous game scam just recently taking many innocent lives of children. Nowadays a new scam namely BLACK FRIDAY is circling around on WhatsApp which is currently active in U.S.A., U.K., […]

The post New Scam In The Town Beware: ‘WhatsApp Black Friday’ appeared first on The Cyber Forum.

]]>
As the popularity of WhatsApp is sky leaping, scammers and such thefts are also very loud in this social medium as well like the one dangerous game scam just recently taking many innocent lives of children.

Nowadays a new scam namely BLACK FRIDAY is circling around on WhatsApp which is currently active in U.S.A., U.K., and Ireland but such scams reach all over the world in just a blink of an eye. One can get the grip of this WhatsApp black Friday scam popularity by its name.

Under Black Friday logo people can widely shop on super discounts on trending stuff not only in stores but also online. Henceforth, the scammers are pretty much active nowadays as BLACK FRIDAY is on its way.


Read more >> Instagram Bug Put Forward As Facebook Security Breach


Pakistani should beware as well because like the other states citizens people here are also crazy for this upcoming event but these types of events are the playground for the scammers as they play their cards and offer fake deals to people.

Their messages attract users by offering a 90 percent discount on popular international chains and tells them to click on the given link to buy those products at cheap rates. The link directs users to the fake Amazon page which not only ask them to enter personal details and shipping addresses but also their credit cards information.

Though to curb spam messages, WhatsApp is working on a Suspicious Link Detection feature, it will stop fake news from spreading on the platform but this feature is not available for development reasons yet. As they state that it still needs many other improvements before it rolls out and available for everyone.

The post New Scam In The Town Beware: ‘WhatsApp Black Friday’ appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/23/whatsapp-black-friday-scam/feed/ 0
Sharing Bank Details Lead To Bank Fraud https://www.thecyberforum.com/2018/11/23/sharing-bank-details-lead-to-bank-fraud/ https://www.thecyberforum.com/2018/11/23/sharing-bank-details-lead-to-bank-fraud/#respond Fri, 23 Nov 2018 12:00:20 +0000 https://www.thecyberforum.com/?p=2317 A man from Vehari, Ahsaan Rasheed got scammed by a person calling him impersonating as an employee of local bank head office and manipulating him for sharing bank details, CNIC and personal information. But the victim finds out the very next day that he was robbed by the scammer left him empty-handed, when he by […]

The post Sharing Bank Details Lead To Bank Fraud appeared first on The Cyber Forum.

]]>
A man from Vehari, Ahsaan Rasheed got scammed by a person calling him impersonating as an employee of local bank head office and manipulating him for sharing bank details, CNIC and personal information.

But the victim finds out the very next day that he was robbed by the scammer left him empty-handed, when he by chance went to the bank to withdraw his money.

Cybercrime is very much common these days in Pakistan unlike the past couple of years. The cases some time ago where several Chinese and Pakistani citizens were held as they were involved in similar cases from Punjab and Sindh by the FIA cybercrime circle.


Read more >> Bank Fraud Suspect Arrested By FIA From Jhang


Recently, a number of people fell in prey with unauthorized withdrawals from their bank accounts fooling them for sharing bank details.

The government recently framed cybercrime laws to cope up these online cybercrimes but it is challenging for the government due to the increase in cybercrime activities.

The post Sharing Bank Details Lead To Bank Fraud appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/23/sharing-bank-details-lead-to-bank-fraud/feed/ 0
Nigerian First Lady Scam: Man Charged With Offenses Under Cybercrimes Law https://www.thecyberforum.com/2018/11/16/nigerian-first-lady-scam/ https://www.thecyberforum.com/2018/11/16/nigerian-first-lady-scam/#respond Fri, 16 Nov 2018 12:58:37 +0000 https://www.thecyberforum.com/?p=2303 A 48-year-old man – impersonating Nigerian first lady – fraud people around the world and made $20.5 million. Julius Anyawu Uche was also charged with other 10 offenses under cybercrimes legislation when scam emails were sent under name of President Muhammadu Buhari’s wife Aisha. The accused pleaded not guilty before a judge sitting at the […]

The post Nigerian First Lady Scam: Man Charged With Offenses Under Cybercrimes Law appeared first on The Cyber Forum.

]]>
A 48-year-old man – impersonating Nigerian first lady – fraud people around the world and made $20.5 million.

Julius Anyawu Uche was also charged with other 10 offenses under cybercrimes legislation when scam emails were sent under name of President Muhammadu Buhari’s wife Aisha.

The accused pleaded not guilty before a judge sitting at the Federal High Court in Lagos and was remanded into custody until a further hearing at the same court on January 18.


Read more >> “Cyber Fraud” British Pakistani Fraudster Raked £ 113 Million


Two more men were also remanded in the custody till the same date on similar offenses.

One – from the two arrested – 48, Agu Ifeanyi George impersonated as a medical doctor seeking funds to relocate Syrian refugees.

According to police, Uche – also known as Musa Mohammad – said to have worked with a gang.

Nigeria has an objectionable repute for the Nigerian first lady scam, with scammers often using contemporary subjects and personalities to deceive victims into parting with bank details or cash.

The post Nigerian First Lady Scam: Man Charged With Offenses Under Cybercrimes Law appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/16/nigerian-first-lady-scam/feed/ 0
Bank Fraud Suspect Arrested By FIA From Jhang https://www.thecyberforum.com/2018/11/14/bank-fraud-suspect-arrested-by-fia/ https://www.thecyberforum.com/2018/11/14/bank-fraud-suspect-arrested-by-fia/#respond Wed, 14 Nov 2018 12:23:48 +0000 https://www.thecyberforum.com/?p=2289 FAISALABAD: Federal Investigation Authority (FIA) has arrested another bank fraud suspect from Jhang last week. Assistant Director Cybercrime Wing Shoaib Haroon said: FIA team conducted an investigation after the resident of Abbottabad Muhammad Sadeeq complaint that Rs105,000 were withdrawn from his bank account. Adding that the bank fraud suspect named Asif used to call people […]

The post Bank Fraud Suspect Arrested By FIA From Jhang appeared first on The Cyber Forum.

]]>
FAISALABAD: Federal Investigation Authority (FIA) has arrested another bank fraud suspect from Jhang last week.

Assistant Director Cybercrime Wing Shoaib Haroon said:

FIA team conducted an investigation after the resident of Abbottabad Muhammad Sadeeq complaint that Rs105,000 were withdrawn from his bank account.

Adding that the bank fraud suspect named Asif used to call people impersonating as a bank officer and gathered their account details.


Read more >> Bank Account Hackers: FIA Arrests Key Members of the Gang


He was traced during the investigation. He was using a fake ID for bank fraud and transfer the money into his own bank account after getting people’s account details.

The investigation is proceeding into the matter.

The post Bank Fraud Suspect Arrested By FIA From Jhang appeared first on The Cyber Forum.

]]>
https://www.thecyberforum.com/2018/11/14/bank-fraud-suspect-arrested-by-fia/feed/ 0