₹15.45 Crore Digital Scam Uncovered in Hyderabad with Two Arrests, Fugitive Mastermind Sought

Post Views: 9

Karnataka Cyber Crime Police Nab Two Individuals in ₹15.45 Crore Digital Arrest Scam

A recent operation by the Karnataka Cyber Crime Police has led to the arrest of two individuals from Hyderabad in connection with a major ₹15.45 crore digital arrest scam.

The Scheme Unfolds:

The scheme targeted a Belagavi-based businessman, who was deceived by fraudsters posing as senior CBI officials through video calls.
The scammers created a false narrative, claiming the victim was under investigation for a non-existent financial crime case.
They even associated the case with high-profile names, including former Jet Airways promoter Naresh Goyal, to intensify pressure on the victim.
The victim was subjected to continuous psychological pressure through video calls, where he was warned of imminent arrest if he did not comply with the demands.
Under this sustained intimidation, the victim transferred large sums of money into multiple bank accounts.

According to the police, the accused acted as “first-layer account holders” in the fraud network, receiving and routing stolen funds before they were transferred further into a layered chain of accounts to obscure the money trail and delay detection.

Cyber experts warn that the success of these scams relies heavily on psychological manipulation rather than just technological deception.

Fraudsters use fake legal narratives, identity impersonation, and continuous surveillance tactics to break the victim’s decision-making ability.

The biggest risk lies in the fact that victims act under extreme fear and urgency, often transferring money without verification, making recovery extremely difficult once funds are layered across multiple accounts.

The Investigation Progresses:

The police are investigating the racket across states, analyzing bank records, transaction patterns, device data, and call detail records to trace the full syndicate and identify additional operatives involved in the laundering chain.
Efforts to locate the mastermind are ongoing, and more arrests are likely as the investigation progresses.

This case highlights the rapidly evolving nature of cybercrime, where criminals are increasingly combining technology with psychological coercion to execute large-scale financial frauds.

Authorities have urged citizens to remain cautious and avoid responding to any online claims of arrest or investigation.

Any such communication should be independently verified through official channels, and complaints should be immediately reported to cybercrime helplines.