Two brothers allegedly took help of SMS technology and launched the first of its kind SMS fraud in India. The alleged masterminds behind a ₹400 million SMS fraud have duped at least 50,000 people. As part of the attracti
CS Professional · Forensic Audit · PYQS · December 2020
Two brothers allegedly took help of SMS technology and launched the first of its kind SMS fraud in India. The alleged masterminds behind a ₹400 million SMS fraud have duped at least 50,000 people. As part of the attractive scheme, the duo brothers messaged random numbers asking people interested in "earning ₹10,000 per month" to contact them. What was the modus operandi of the SMS fraud?
Answer & Explanation:
"The modus operandi adopted by the brothers was alluring". An EOW official said "interested subscribers" were asked to deposit ₹500 each. The common duo claimed to be working with a U.S. based company named Aropis Advertising Company, which wanted to market its client's products through SMS. The brothers even put up a website (www.getpaid4sms.com) to promote their scheme. Subscribers who registered with them received about 10 SMS every day about various products and were promised handsome commissions if they managed to rope in more subscribers by forwarding the messages. In return, the Nadals promised to pay ₹10,000 over 16 months to the inventors. The amount was to be paid in instalments of ₹1,000 every few months. The duo invited people to become agents and get more members for the scheme. Gala reportedly looked after the accounts. Initially the brothers paid up small amounts. But when cheques and pay orders of larger sums issued by the duo were not honoured, the agents got worried. The SMSes too suddenly stopped. Finally, they were arrested from a hotel in Mine Road in western suburbs.
Topics: Forensic Audit in Cyber Crime
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