Gang offers help to senior citizens at isolated ATMs across Hyderabad and other areas, swaps debit cards to empty accounts
Police in Ameenpur have arrested six members of an interstate gang that targeted senior citizens at ATMs. The group would swap victims' debit cards and PINs to drain their bank accounts.
Why it matters
This highlights the ongoing security risks for vulnerable populations using digital banking infrastructure and the need for increased financial literacy.
The Ameenpur police have arrested six members of an interstate gang that allegedly preyed on elderly and unsuspecting ATM users by swapping their debit cards before emptying their bank accounts. Police seized 130 ATM cards, two point-of-sale (POS) swipe machines, three autorickshaws, five mobile phones and ₹27,230 in cash from the accused.
The case came to light after a complaint was lodged on July 29 by a man who alleged that while attempting to withdraw cash from an SBI ATM at Kistareddypet on July 27, two strangers offered to help him operate the machine. They allegedly took his ATM card, asked for his PIN and, without his knowledge, replaced it with another card. The next day, he discovered that ₹65,400 had been withdrawn from his account.
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