5 Indians in US$ 200 million Credit Card fraud

5 Indians are amongst the persons charged in US in a massive credit card fraud said to involve US $ 200 million loss to various credit card holders. Details in TOI

Among those charged are Babar Quereshi (59), Ijaz Butt (53), Raghbir Singh (57), Mohammad Khan (48), Sat Verma (60), Vijay Verma (45), Tarsem Lal (74) and Vinod Dadlani (49). Each of them faces a maximum penalty of 30 years in jail and a $1 million fine. All are residents of New Jersy US.

The fraud appears to be an Indo-Pak cooperative bid !

While Pakistan is notorious as a Terror center, India sadly appears to be gaining in Cyber Crime related notoriety.  It is necessary for all responsible Netizens in India to ensure that the situation does not go out of hand. This requires urgent measures from the Government towards Cyber Security.

I reiterate that the Government of India headed by Dr Man Mohan Singh and the Ministry of Communications and Information Technology headed by Mr Kapil Sibal are guilty of not addressing issues such as operationalizing Cyber Appellate Tribunal and are showing their apathy towards controlling Cyber Crimes in India.

Related article in TOI on “Dexter”malware


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About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance
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