Chennai police arrested a 20-year-old final year commerce student Bharat Raj Purohit for allegedly cheating credit card holders abroad of Rs.400, 000.
Police arrested Purohit from a northern suburb on the complaint of ebay.com, an online trading company.
A police official in the cyber crime department told the student knew about the loopholes in the trade of the two people based in Mumbai and Ahmedabad.
Purohit mainly cheated credit card holders of US, Canada and Russia after falsely obtaining secret access codes. He purchased computers, music systems and other IT accessories. Police seized approximately Rs.40, 000 cash was from him.