Deception 4 steps
Posing as Heirs to Drain Unclaimed Bank Accounts
Mahesh's gang stole restricted data on the bank's unclaimed accounts through insider Naveen, then used it to fabricate legal heirs and present heir claims for the full sums. The diagram shows how leaked data enabled target selection, which enabled the fake-heir impersonation that led the bank to issue cheques.
Read the 4 steps as text
- 1
Naveen siphons unclaimed-account data
Naveen
Naveen agrees to the gang's scheme and uses his bank access to hand over crucial information on unclaimed accounts, data that normally only the bank's manager or Devi could reach.
- 2
Mahesh builds the fake-heir claim scheme
Mahesh
Mahesh uses the stolen data to craft a scheme that pretends to claim the unclaimed accounts on behalf of supposed heirs, identifying which accounts to target.
- 3
Gang impersonates heirs Ankallamma and Umadevi
Mahesh · Ankallamma · Umadevi
What it looked like: The claimants appear to the bank as genuine legal heirs entitled to the unclaimed funds.
The gang presents itself as legal heirs Ankallamma and Umadevi and attempts to extract the full sums of the unclaimed accounts.
- 4
Bank issues cheques on the claims
Mahesh · Ankallamma · Umadevi
With the bank's oversight limited and the timing seeming perfect, cheques are issued against the heir claims and the path to wealth appears clear.
