FAISALABAD: The Federal Investigation Agency (FIA) has arrested a member of a gang involved in ATM fraud in Jaranwala. The suspect, Atif Shehzad, was caught red-handed while withdrawing money from an ATM.
During the arrest, the FIA recovered 64 debit cards from different banks, two packs of ATM cards, and a mobile phone from his possession. According to the FIA, the gang was making duplicate copies of ATM cards with the help of bank employees.
The gang’s leader, Abdul Razzaq, was reportedly receiving customer information, including bank balances, signatures, biometric data, and ATM cards, from the employees. They then used duplicate cards to steal millions from bank accounts.
The arrested suspect had been withdrawing large amounts of cash daily and handing it over to Abdul Razzaq. The FIA is conducting further raids to capture other gang members.