Rs. 1.3 crore were retrieved by Gurgaon police after cyber criminals extorted money from a former IAF officer for fake stock market investment. Seven suspects have been arrested, including two bankers from Yes Bank.
The number of cybercrimes is increasing day by day. More and more people are becoming victims of fraudsters, regardless of their educational background or age.
While there are portals and helpline numbers to report complaints against these crimes and retrieve any financial losses, getting the scammed money back can be a lengthy process, as it requires intense investigation and tracking.
However, some good news has surfaced from Gurgaon, where the police were able to recover Rs. 1.3 crore that was scammed from an 82-year-old former Indian Air Force (IAF) officer in February this year.
According to the police, seven suspects were involved in the scam among which two were sales officers in Yes Bank in Delhi's Rohini Sector-7 and Sector-15, one rickshaw driver and a maid. The officials had to track the transfer of the money into multiple bank accounts to get a hold of these scammers.
As per the report, the victim Jai Prakash Taank, an 82-year-old retired IAF officer was tricked into investing in some stock market fraud. After Taank realised this, he filed a complaint under sections 120B (criminal conspiracy) and 420 (cheating) of the Indian Penal Code at the Cybercrime police station (east) on February 3.
Priyanshu Dewan, assistant commissioner of police (cybercrime) said, "Taank’s money was also transferred into accounts in Chhindwara in Madhya Pradesh, Surat in Gujarat and Nashik in Maharashtra. The amount in these accounts was also put on hold with help of the bank authorities. The money lying in these accounts which belonged to the victim was then reversed into his bank account.”
Officials also revealed that along with bankers Deepak Kumar and Dharmendra Kumar, e-rickshaw driver, Vikash Kumar and his wife, account holder Prakash, Suraj Kumar and maid Puja were arrested. There are yet 10 more suspects to be arrested who are involved in this scam.
Also Read: India ranks 10th on the list of global cyber crimes, Russia tops the list
Also Read: Fraudster poses as DGP, threatens people to scam money: J&K police take action
Read Exclusive COVID-19 Coronavirus News updates, at MyNation.