Lakhs use the Delhi Metro's smart cards for their commute. But Manoj Kumar Gupta, a jobless commerce graduate, used these cards to make money.
Gupta, 27, was arrested for allegedly recharging dozens of Metro cards online using debit card information stolen from at least 25 people and then claiming refunds on these cards to pocket the cash.
Police said Gupta began his operation outside two unguarded ATM booths in Sector 37. He loitered near the booths frequented by villagers, many of whom needed help to withdraw cash. Gupta would step in at the opportunity to play the good Samaritan. But in the process, he would note the debit card details.
Next, he would buy smart cards from various Metro stations (police found 160 cards with him). Using the debit card information, he would recharge the smart cards for various amounts (the limit is Rs 1,000). He would then claim refunds on these cards at Metro stations, thus turning plastic money into hard cash.
Conman uses Metro cards to turn plastic money into cash - The Times of India
Gupta, 27, was arrested for allegedly recharging dozens of Metro cards online using debit card information stolen from at least 25 people and then claiming refunds on these cards to pocket the cash.
Police said Gupta began his operation outside two unguarded ATM booths in Sector 37. He loitered near the booths frequented by villagers, many of whom needed help to withdraw cash. Gupta would step in at the opportunity to play the good Samaritan. But in the process, he would note the debit card details.
Next, he would buy smart cards from various Metro stations (police found 160 cards with him). Using the debit card information, he would recharge the smart cards for various amounts (the limit is Rs 1,000). He would then claim refunds on these cards at Metro stations, thus turning plastic money into hard cash.
Conman uses Metro cards to turn plastic money into cash - The Times of India
