Ahmedabad: The Cyber Crime Wing of the Ahmedabad police has arrested one Sagar Mahato, who is believed to be the local mastermind of a gang operating from Nigeria to siphon out money from the bank accounts of victims.

The modus-operandi is that the Nigeria-based gang sends malware to the mobile phone of the victim and collects all details pertaining to the person’s bank account such as account number, passwords etc. Then on a Saturday, the Nigerian gang locks the SIM card of the victim.

Once the SIM card is locked, Sagar Mahato and his accomplices get a new SIM card issued in the name of the victim by forging documents in the latter’s name. And once the banks open on Monday, money from the victim’s bank account is transferred into other accounts of other persons using the new SIM card.

As much as 20% of the amount transferred goes to the account holder in which the money is transferred, Sagar Mahato and his accomplices get 30% while the gang based in Nigeria is handed over the remaining 50% in cryptocurrency. DeshGujarat.