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CyberMedia India Online Ltd.: A team of fraudsters in Europe is suspected of being involved in a rash of fraudulent transactions made through ATMs, debit cards and telephone banking services, India's Corps of Detectives said this week. One of the men allegedly involved in the crime was an employee of HSBC Electronic Data Processing India Pvt. Ltd. He is accused of diverting £233,000 (U.S. $422,660) from accounts by passing account details to a ring of fraudsters who withdrew funds at ATMs in the United Kingdom.

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