Key Highlights
- Fraud worth Rs.50.94 lakh uncovered in Faridabad.
- Five accused obtained credit cards using fake documents.
- Targeted American Express between April 2023–January 2024.
- Fake address used: Flat No.1204, Tower 5, Sector 88, Faridabad.
- Transactions made in jewellery and luxury goods.
- Accused named: Manjit Singh, Ashok Kumar, Pradeep Sharma, Saurav Gupta, Ravinder Kumar.
Massive Credit Card Fraud in Faridabad
Faridabad Police are probing a Rs.50.94 lakh fraud in which five men allegedly
obtained multiple American Express credit cards using forged documents.
The fraud ran between April 2023 and January 2024 before being flagged by the bank.
How the Fraud Worked
The accused used doctored identity documents and claimed residence at
Flat No.1204, Tower 5, Sector 88, Khedi Kalan, Faridabad.
The correspondence address linked to Messers Escorts Kubota, Sector 15A, was later found vacated.
Investigators also confirmed that all email IDs provided were fake.
Using these cards, they purchased jewellery and other high-value items.
At least 10 credit cards were used for transactions between December 2023 and January 2024.
Investigation & Action
Following a formal complaint from American Express, the Cybercrime Cell Central, Faridabad
launched an investigation. The accused have been identified as Manjit Singh,
Ashok Kumar, Pradeep Sharma, Saurav Gupta, and Ravinder Kumar.
Raids on their premises uncovered forged documents and transaction evidence.
The case is ongoing, with police tracing additional links and suspects.
| Date / Period | Event | Details |
|---|---|---|
| April 2023 | Fake credit card applications | Accused submitted forged IDs with the same Faridabad flat address. |
| Dec 2023 – Jan 2024 | Fraudulent purchases | Jewellery and luxury items bought using at least 10 cards. |
| Early 2024 | Bank detects anomalies | American Express flags irregularities in KYC and transactions. |
| Mid 2024 | Complaint filed | Amex approaches Cybercrime Cell Central, Faridabad. |
| Ongoing | Police action | Accused named, raids conducted, forged documents seized. |
Authorities Warn
Police caution that credit card frauds using forged paperwork
and shell addresses are rising. They have urged banks to tighten KYC verification
and thoroughly cross-check address data. Consumers are advised to stay alert,
monitor statements regularly, and report any suspicious activity immediately.
Note: The Faridabad case highlights the sophistication of financial frauds and the importance
of strict verification. Banks and customers must remain vigilant to curb such crimes.
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