Bulgarian man held for cloning ATM cards, making withdrawals … – Daily News & Analysis

The Mumbai Police on Saturday arrested a Bulgarian national for allegedly defrauding ATM card holders by withdrawing money from their bank accounts with cloned ATM cards in Mumbai.

The accused has been identified as Acklando Mykhaylo, who allegedly used the data of the ATM cards the 16 digit card number and the name of the card holder and cloned the cards of various banks. He used these cards to make fraudulent transactions from the ATM, impersonating the card holder, said police.

According to a complaint filed by an official of a leading bank, they had found a golden coloured plastic cloned ATM card at their ATM in Juhu. Sensing something amiss, they had conducted an inquiry during which it was revealed that Mykhaylo had used such cloned cards on ATM machines and had withdrawn money from people's account. During the inquiry, the bank had found that an unknown person had used ATMs of many banks to withdraw money by using cloned cards pretending to be the owner of the card. After this discovery, the case was registered in the cyber police station.

"Following the complaint, we began the investigation and laid the trap to nab Mykhaylo," said Akhilesh Singh, Deputy Commissioner of Police(cyber).

According to police, Mykhaylo was captured in the camera at the ATM, which helped police track the accused and acquire the information about the withdrawal he made from the ATMs that made clear his involvement in the crime.

"When we interrogated him, we found his involvement in the crime after which we searched his house. There we found cash, pen drives, net dongles, hard disks, mobile phones, a laptop bag, eight cloned cards, and other incriminating documents.

"Mykhaylo is a Bulgarian citizen who was in the country on a tourist visa. Our probe is on to ascertain if he has any accomplices and how he acquired the data of the ATM card holders," Singh added.

Mykhaylo has been booked under section 319(impersonating),320(cheating) of Indian Penal Code and 66C(identity theft) and 66D (impersonating using a computer) of Information Technology Act.

He was produced in the court on Saturday from where he was remanded to police custody till Tuesday.

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Bulgarian man held for cloning ATM cards, making withdrawals ... - Daily News & Analysis