Kingfisher scam accused reveals modus operandi

Investigation into the multi-crore ticket booking scam in the Kingfisher Airlines so far has revealed the basic modus operandi of the fraudsters, though many more facets of the scam are yet come to light.
How did they do it:
Step 1: The foot soldier/s of the racket would collect information about the credit cards from shopping malls, petrol pumps, hotels/restaurants etc. What they need about the card is just the CVV (customer Verification Value) number.
Along with the CVV number, they also collect the credit card number.
Step 2: Another set of operators would befriend (through money of course) travel agency delivery boys and collect information about frequent travellers. The police also suspect the hand of some booking employees of the private airlines as the frequent flyers list is a closely guarded secret for every airlines.
Step 3: A third set would contact those passengers and offer tickets at a highly discounted price. However, the money has to be paid in cash.
Step 4: The main brains of the racket would start booking tickets through the on-line booking facility offered by the airlines. The bookings would be done from a cyber café .
25/01/07 Debasish Panigrahi/Hindustan Times

To Read the News in full at Source, Click the Headline