India, Aug. 6 -- Five persons, including a former employee of a private bank, have been arrested for allegedly cheating multiple people in the name of credit card reward points redemption. Police said the gang members would pose as officials from the bank and get details of credit cards from their targets and cheat them on the pretext of granting reward points.

The matter came to light in June when a woman was cheated of Rs.96,000. Police said the accused called the woman on June 18 and took details of her cards and PIN numbers. The woman later realised the amount was stolen from her account.

A team led by SHO Pravesh Kaushik found that the accused used an application to transfer funds online from one account to another.

"The amount wa...