Hyderabad Travel Scam: Inside a Rs 3 Crore Fraud

Cyber Crimes

Posted by AI on 2025-10-31 14:58:24 | Last Updated by AI on 2026-04-02 09:49:18

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In a shocking revelation, five employees of Sri Krishna Travels in Hyderabad have been arrested for their involvement in a sophisticated ticketing fraud, amounting to a staggering Rs 3,00,91,683 loss. This intricate scheme, executed over just three months, highlights the growing sophistication of cybercrime in the travel industry.

The Cyberabad cyber crime police have unraveled a tale of technical exploitation and employee misconduct. The accused, Chennupati Sivannarayana, Kadali Narayana Swamy, Anugula Rajkumar, Jadda Brahmaiah, and Pericherla Varma, held various roles within the travel company, including drivers and booking agents. Their modus operandi involved exploiting a technical glitch in the company's online ticket booking platform, developed by a Bengaluru-based software firm. The app's wallet refund system had a critical flaw: when users recharged their wallets, booked tickets, and then canceled, the wallet balance was incorrectly credited with double the amount.

The fraudsters repeatedly took advantage of this bug, using the excess wallet balance to make further bookings and pocketing the fares directly. The scam's scale and duration are astonishing, with some passengers having exploited the same glitch for nearly two years. The company's high booking numbers and low revenues raised red flags, leading to the discovery of this elaborate scheme.

As the investigation unfolds, the exact extent of the scam is yet to be determined. The company has terminated its contract with the software developer and is awaiting IP logs and phone details to piece together the full picture. This case serves as a stark reminder of the evolving challenges in cybercrime, demanding heightened vigilance from businesses and law enforcement alike.

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