Restoring Frozen Bank Accounts: Cyberabad Police's 'Defreeze Accounts Mela' Success

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Cyberabad Police Unfreeze 110 Bank Accounts in Effort to Streamline Cyber Fraud Investigations

In a bid to provide relief to innocent bank account holders caught in the crossfire of cybercrime investigations, the Cyberabad Police department has launched a novel initiative called the “Defreeze Accounts Mela”.

The “Defreeze Accounts Mela” Initiative

The program, which was held at the commissionerate auditorium, aimed to quickly restore access to bank accounts that had been frozen as part of ongoing cyber fraud probes.

According to officials, the initiative was designed to address the issue of legitimate account holders being inadvertently affected by precautionary freezes triggered by transactional links to cybercrime cases. When victims of cybercrime report incidents to the authorities, suspected beneficiary accounts are often swiftly frozen to prevent further fraudulent activity. However, this can sometimes result in innocent account holders being caught in the freeze.

Verification Drive and NOCs

To resolve this issue, the police department undertook a thorough verification drive prior to the Defreeze Accounts Mela. The exercise involved a detailed scrutiny of transaction histories, identity documents, and supporting records for nearly 110 frozen accounts.

Account holders who were found to have no involvement in the cybercrime were cleared after due legal procedure, and No-Objection Certificates (NOCs) were issued to facilitate the immediate defreezing of their accounts by banks.

“This model ensures timely relief to genuine account holders while strengthening our ability to track professional fraud operators,” a senior officer noted.

Awareness Program and Cybercrime Trends

In addition to restoring access to bank accounts, the police also conducted an awareness program during the Defreeze Accounts Mela, advising attendees to exercise caution when responding to suspicious links, investment offers, and emergency requests received through messaging apps or social media platforms.

These tactics are increasingly being used by cybercriminals to trap victims.

The Defreeze Accounts Mela comes at a time when cyber-enabled financial crimes are on the rise in urban centers. Investigators have noted that fraud syndicates are increasingly relying on networks of intermediary accounts to launder stolen money.

Future Plans and Public Response

Feedback from the program will be reviewed to refine future editions of the initiative, with plans to scale up verification drives if complaint volumes continue to rise.

Residents have welcomed the move, calling it a much-needed relief measure in an era where even routine digital transactions can unknowingly draw individuals into complex cyber probes.