Home / Mumbai / Mumbai News / Article /
Colaba police arrest man 19 years after Rs 10 lakh credit card fraud
Updated On: 17 March, 2026 09:58 AM IST | Mumbai | A Correspondent
Man allegedly spent Rs 10 lakh using blocked card with Rs 20,000 limit; investigation continues into possible loophole

Police said Kalsekar first used the card in March 2007 for a purchase of R395. Representation pic/istock
Nearly 19 years after a fraud involving a nationalised bank in Colaba, the Colaba police have arrested a man accused of using a blocked credit card to spend around Rs 10 lakh in 2008. The accused, Hanif Jahur Kalsekar, was recently traced through voter records and mobile phone data. He has since been granted bail on medical grounds.
Police said Kalsekar had applied for a credit card in 2007 at a Colaba-based nationalised bank. The bank issued him a credit card with a Rs 20,000 limit. Police said Kalsekar first used the card in March 2007 for Rs 395. By August that year, the credit limit had been exhausted, and the bank blocked the card after repeated usage and non-payment. Recovery teams could not trace him at his residences in Versova and Andheri.

