KYC fraud cases are linked to Surat, and Mumbai police detain two members of a gang.

Malabar Hill police arrest two youths from Surat who are part of a larger group that dupes people of their money . The youths were told the money in their accounts was from companies and individuals who wanted to convert their black money into white .

MUMBAI: The Malabar Hill police have arrested two youths from Surat who are part of a larger group that dupes people of their money under the pretense of updating their bank KYC information.The two detained suspects' bank accounts were used for receiving the proceeds of the crime, but a police officer said the youths were told the money in their accounts was from companies and individuals who wanted to convert their black money into white.In the first instance, a 62-year-old Malabar Hill stock market executive sent an FIR saying he had received an SMS asking him to update his banks KYC.The message said that if he did not update it within 24 hours, his bank account would be closed.

According to police, the money was used to pay a credit card bill in Surat during the investigation.In the third instance, a 76-year-old Walkeshwar resident was contacted by an email urging her to update her bank KYC and pay some bills using her net banking.After downloading Any Desk Application, the accused asked her to pay her Rs 90,000 to her account.She then turned to the police and filed an FIR.

In the first case, a police squad went to Surat and arrested Yogesh Kumar, 30, a commerce graduate, and Ravi Unadkar, 35, a graduate, in the second.According to a police report, the common name in both instances is a Salil who was informing them about money transfer.The New Delhi police arrested Salil on Monday.Kumar was taken 13 credit cards from police.

According to police, Kumar said he would receive a 10% commission for this job.Unadkar was accused of making a sexist story, telling that he would also receive a 10% commission.In another case, Juhu police have taken Unadkar into custody.