Home States Karnataka In 6 months ATM thefts, 8 times money lost

In 6 months ATM thefts, 8 times money lost

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(G.N.S) Dt. 01
Bengaluru
On October 9, 2017, thieves stole nearly Rs 23 lakh from an ATM in Lingasugur taluk of Raichur district. In November, constables Usman and Beerlingappa were felicitated for foiling an ATM theft in Marathahalli, Bengaluru. On December 18, a seven-member team from Karnataka police landed in Coimbatore to interrogate an inter-state gang local police had apprehended, hoping to get confessions.
These stories in the second half of this financial year. But in the first half—April 1 to September 30, 2017—Karnataka saw thieves and dacoits steal eight times the money it had lost the whole of 2016-17, according to information accessed from the Reserve Bank of India (RBI).
With Rs 7.96 crore lost to theft, robbery, burglary and dacoity in the said six months, the state has lost the most in the country too, accounting for more than 43% of the Rs 18.48 crore lost across India.
These cases do not include debit and credit card frauds or use of technology to steal from ATMs or banks. “That all this money has been lost to physical acts, where people were present on the spot is what makes the number, which otherwise may not appear like too much, look bad,” cybercrime expert Mirza Faizan Asad said, adding that this exposes security lapse of a different kind.

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