Guwahati Police Busts ATM Fraud Racket, Arrests Five and Seizes 17 ATM Cards

GUWAHATI: Five individuals were arrested in connection to sophisticated financial scams after a major ATM fraud racket was busted by the Basistha Police in Guwahati.

The identities of the arrested individuals have been revealed as Asif Iqbal Hussain, Sahil Ahmed, Ariful Islam, Dewan Azlan Haris, and Abdul Azad. The police also seized 17 ATM cards from various banks, two motorcycles, and two iPhones from their possession which were possibly used to facilitate the fraudulent transactions.

It was discovered during preliminary investigation that customers were manipulated by the scammers and had their money withdrawn illegally with the help of stolen or cloned ATM cards using deceptive tricks.

The police is currently investigating to unearth a wider networks of financial fraud which the five arrested men are suspected to be part of.

This incident resembles a cybercrime bust last year in Guwahati by the Gorchuk Police, led by Inspector Mayurjit Gogoi. The operation uncovered fraudsters operating from a lodge in Boragaon, using "Mule Bank Accounts" to transfer stolen funds.

The accused targeted vulnerable individuals, persuading them to open bank accounts with promises of high returns. Once accounts were created, the fraudsters collected documents such as passbooks, ATM cards, and cheque books, which they passed to another cybercrime group. Each account earned the fraudsters around Rs 1,00,000, while account holders received 20% of the transaction amount.

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