Over in India:
A Former assistant manager with two multinational banks has been arrested for credit card fraud estimated at Rs 4 crore. [Note from Dissent: that may, or may not be, about $821,000 — I’m horrible on currency conversions, help!]
According to the police, Ravi Kumar Sindhu, 23, cheated at least 75 people in Delhi and adjoining NCR areas. He had worked first in Citibank and then Barclays Bank, totalling about four years.
Sindhu was arrested on Friday from Sarojini Nagar in South Delhi, the police said.
[…]
Deputy Commissioner of Police (South) H G S Dhaliwal said on Saturday that having worked in two multinational banks, Sindhu knew the functioning of the credit card division as well as the delivery pattern of Blue Dart Express.
Explaining how Sindhu operated, a senior officer said, “He targetted a particular area on a given day and, after getting information from the courier company’s delivery boy for the locality, went to customers’ houses posing as a Blue Dart Express representative. He carried a fake identity card that marked him as a senior Blue Dart executive.”
Sindhu told customers that there was a mistake in dispatch of their credit card and took it with the assurance that he would be back within two hours, the officer said.
Read more on IndianExpress.com