ATM card duplication racket busted
KATHMANDU, May 26:
Police have nabbed the mastermind behind the ATM card duplication racket who was also involved in robberies from Bouddha.
The arrestee has been identified as Kedar KC (34) of Imadole- 8, Lalitpur. DSP Himalaya Shrestha said KC had been operating the racket for five years. He was nabbed on Saturday.
“Police came to know of KC’s criminal history from statements of three robbers, Ram Kumar Nagarkoti of Makwanpur, Raju Khadka of Sindhupalchowk and Dipesh Rai of Sunsari, who were arrested on April 6 with a revolver, Rs 180,000 and currency notes of various countries,” informed Shrestha.
Inspector Bhisma Humagain said KC and his associates robbed individuals of their ATM cards, got their pin number and other details by placing them in an engraving machine. Police have seized an ATM card engraving machine, a laptop, a VISA card printer, ATM cards, four mobile sets, stamp seals, a motorcycle, documents related to ATM fraud, and sale slips of various banks in Kathmandu.
Officials said they were waiting for complaints of theft of cash deposit through duplicate ATM cards. “We will seek the banks’ help for lodging complaint,” said DSP Shrestha.
KC had served nine years in Nakkhu Jail for murdering his wife Saraswati. He had stabbed his wife to death on October 18, 1996.
“After KC completed his time in jail, he started operating the ATM card duplication racket and robberies. Our investigation shows his ties with national and international criminal racketeers made him a master of con tricks,” said DSP Shrestha.
Inspector Humagain informed, KC and his associates had raided seven houses in Kathmandu between 2001 to 2010 robbing cash and properties worth over Rs five million. KC ran K&K Travels and Tours at Chhetrapati and Genius Handicraft at Bouddha as a cover for his criminal racket.
Source: THT
Police have nabbed the mastermind behind the ATM card duplication racket who was also involved in robberies from Bouddha.
The arrestee has been identified as Kedar KC (34) of Imadole- 8, Lalitpur. DSP Himalaya Shrestha said KC had been operating the racket for five years. He was nabbed on Saturday.
“Police came to know of KC’s criminal history from statements of three robbers, Ram Kumar Nagarkoti of Makwanpur, Raju Khadka of Sindhupalchowk and Dipesh Rai of Sunsari, who were arrested on April 6 with a revolver, Rs 180,000 and currency notes of various countries,” informed Shrestha.
Inspector Bhisma Humagain said KC and his associates robbed individuals of their ATM cards, got their pin number and other details by placing them in an engraving machine. Police have seized an ATM card engraving machine, a laptop, a VISA card printer, ATM cards, four mobile sets, stamp seals, a motorcycle, documents related to ATM fraud, and sale slips of various banks in Kathmandu.
Officials said they were waiting for complaints of theft of cash deposit through duplicate ATM cards. “We will seek the banks’ help for lodging complaint,” said DSP Shrestha.
KC had served nine years in Nakkhu Jail for murdering his wife Saraswati. He had stabbed his wife to death on October 18, 1996.
“After KC completed his time in jail, he started operating the ATM card duplication racket and robberies. Our investigation shows his ties with national and international criminal racketeers made him a master of con tricks,” said DSP Shrestha.
Inspector Humagain informed, KC and his associates had raided seven houses in Kathmandu between 2001 to 2010 robbing cash and properties worth over Rs five million. KC ran K&K Travels and Tours at Chhetrapati and Genius Handicraft at Bouddha as a cover for his criminal racket.
Source: THT
