Three arrested in Hyderabad for ‘digital arrest’ bank fraud

Hyderabad cybercrime police arrested three youths from Rajasthan for providing bank accounts to ‘digital arrest’ fraudsters. A victim lost Rs 37.70 lakh, while a total of Rs 3 crore was transferred nationwide. Police seized mobile phones and launched further investigations.

Hyderabad: Three persons who had provided their bank account credentials to ‘digital arrest’ fraudsters in exchange for a commission were arrested by the Hyderabad cybercrime police on Thursday. The police seized three mobile phones from them.

According to the police, the arrested Mohammed Rizwan (20), Vikram Singh (20) and Nikhil Kumar (19), all residents of Rajasthan, had handed over their banking credentials to cyber fraudsters. A scam amount of Rs 3 crore was transferred into the bank accounts from across the country and the sum was later diverted to different accounts.

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The fraudsters had duped a victim of Rs 37.70 lakh by impersonating as officials of police and telecom department and threatening saying the victim was involved in illegal activities. Fearing legal consequences, the victim had transferred the amount to the bank accounts provided by the cyber scamsters when they told her that the amount would be returned after a detailed investigation.

When the victim failed to get back the money, the police were contacted. Based on a complaint, the police registered a case and tracked the bank accounts to Rajasthan. The police took into custody Vikram, Rizwan and Nikhil.