In less than a year, police recover ₹66.5 crore from fraudulent transactions
The Hindu
This is part of an initiative where the police work with banks to freeze accounts and illegal transactions if they are reported in time
Two month ago, an Indian armed forces person based out of Bengaluru lost ₹7.2 lakh in a cyber fraud scam. A man posing as an executive from the help desk of a nationalised bank asked for his account details claiming that the bank was updating his KYC details. Minutes after he gave the details, he realised that money had been wired out of his account. He immediately called the police control room, following which the staff alerted the bank’s cyber cell team, who responded within 20 minutes. They managed to recover ₹6.5 lakh of the total ₹7.2 lakh.
This is not an isolated case: from December 22, 2020 to October 26, 2021, the cybercrime cell of Bengaluru police has recovered a whopping ₹66.5 crore that victims lost. Of this, ₹50 crore has been returned to the people who were cheated.
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