The police claimed to have solved seven out of the 17 cases of hacking on-line bank accounts and transferring funds worth many lakhs, following recent arrests of a 12-member hacker gang.
The Cyber Crime wing of police succeeded in unearthing the fraud after they arrested the mastermind, Joseph on November 29 last, from a city cyber cafe which he had been frequenting, following a complaint from Carl Braganza, HR Manager of Analog Infotech India Ltd.