A gang of fraudsters who duped people of at least Rs. 2.5 crore over the last eight months was busted on Wednesday, DCP (South) Ishwar Singh said.
The gang floated a company by obtaining fake identity proofs. They fooled people into depositing money into their accounts, which were created on the basis of fake identity proofs, by telling them that they had won a lottery, or on the pretext of service charge for LIC bonus points.
Though the cheats used fake identity proofs, one of them ended up submitted his own photograph while opening a bank account.
This gave the South Delhi police a breakthrough.
The suspect and his associates were then traced to Kotla Mubarakpur. DCP Singh said fake voter ID cards and PAN cards were among the evidence seized from the accused, who have been identified as Alam, Shatrughan, Jamal and Anees.
The gang began with using fake names to take flats on rent. This helped them get power and water bills, which allowed them to procure Voter ID cards with assistance from Anees who worked at the ration office in Lajpat Nagar. Obtaining fake PAN cards was not a hassle either.
Using the fake IDs, the gang opened bank accounts.
