Monday, December 11, 2006

Credit card is ticket to fraud

The head of a Mumbai-based shipping company became the latest victim of online credit card fraud last month when miscreants used his account to buy thousands of rupees worth of airline tickets.
In a police complaint, Captain Ramesh Giridharilal Gulati, 67, chairman and managing director of Crystal Shipping Company Private Limited, said that “thieves” charged about Rs83,300 on his Standard Chartered card between November 8-11 when he was on an overseas trip to the Far East. The kicker is that the card was in his possession at the time of the “theft”!
On November 18, Gulati filed a complaint with the Azad Maidan police station. Prakash Khanvilkar, senior police inspector with the Azad Maidan police, said, “We have received a written complaint, but we cannot comment at this time. The case is under investigation.”
10/12/06 Dayanand Kamath/Daily News & Analysis
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