The 250-page chargesheet filed by Mumbai Police against Bulgarian national Milcho Angelo, who was arrested in April in a card cloning racket reveals how he splurged a lot of the ill-gotten money on his lavish lifestyle

Representation pic

The 250-page chargesheet that the Mumbai cyber police has filed against Bulgarian national Milcho Angelo, 45, who was arrested in April in a card cloning racket, is a cornucopia of meaty details. The most prominent of them all – he splurged a lot of the ill-gotten money on his lavish lifestyle that included Rs 26 lakh rent on a plush Andheri home, Rs 8.5 lakh on dental appointments, and another Rs 2.5 lakh on just spa treatments.

Milcho Angelo was in the country on a tourist visa, but to validate his stay here, he acquired a fraudulent PAN card under an assumed name using forged documents. Representation pic
Milcho Angelo was in the country on a tourist visa, but to validate his stay here, he acquired a fraudulent PAN card under an assumed name using forged documents. Representation pic

On Wednesday, the police filed the 250-page chargesheet against Angelo, following his arrest on April 14 after a complaint by a leading south Mumbai-based bank that retained one of the gold cards he was using in a Juhu ATM to pluck cash when it got stuck.

Chinese data compromised
According to sources privy to the investigation, Angelo is suspected to be a part of an international syndicate, which stole credit and debit card data of Chinese nationals via skimmers and later cloned cards to use in India.

[Source”cnbc”]