Accused held in Rs 30 lakh ATM fraud

Police have arrested Automatic Teller Machine (ATM) fraudster from Dongri in Mumbai after he fled Srinagar to avoid arrest.
Rajbagh police station in Srinagar sent a police team to Dongri in Mumbai after they traced Adil Ismael Modi , who was working with Radian Cash Management Service Limited and had committed a fraud of over Rs 30 lakh.
Modi who is from Chattabal area of Srinagar was working as Cash loader with the company in Srinagar and was responsible for loading cash in 17 ATMs of HDFC Bank, Jammu and Kashmir Bank and SBI.
As the fraud was detected by the audit team of HDFC, they lodged an FIR (No 04/16 under Sections 406, 420 Ranbir Penal Code) against Modi in Police Station Rajbagh on January 20.
Rajbagh Police in a swift action traced the fraudster in Dongri Mumbai last week and a team from the Police Station brought him here for further investigation.
SHO Police Station Rajbagh, Kuldeep Kumar Koul, told Excelsior that Modi had committed a fraud of Rs 30,09,900 lakhs. He was removing cash from the ATMs of SBI, J&K Bank and SBI whenever he used to visit these ATMs to fix the technical snags.
One more person has been arrested and police is investigating his role in the fraud.

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