Cyberabad Police held five for Rs 3 crore online ticket-booking, wallet fraud

The Cyberabad police arrested five persons who were allegedly involved in a Rs. 3 crore online ticket booking and wallet fraud.

According to the police, the five members of the gang – C Sivanarayana, K Narayana Swamy, Anugula Rajkumar, Jadda Brahmaih, and Pericherla Varma between May and July this year duped a reputed travel company to the tune of Rs. 3 crores.

The suspects



who are agents of the travel company recharged their online wallet, booked tickets and cancelled them immediately. 

“Due to a software error, the system credited both the refund and the original wallet amount, effectively doubling the balance. 

The suspect repeated the process several times and gained Rs. 3, 00,91,683 illegally,” said the DCP Cyber-crime, B Sai Sree./