52 persons arrested in 8 states under cyber crime campaign
Hyderabad: Under the direction of DCP Cybercrime Kavitha, a cybercrime investigation has led to the arrest of 52 people in 8 states, including three masterminds. In a thorough briefing, Hyderabad Commissioner of Police CV Anand attested to the operation’s effectiveness.
The states of Gujarat, Karnataka, Andhra Pradesh, New Delhi, Uttar Pradesh, Maharashtra, West Bengal, and Bihar were all included in the operation, according to a statement from CV Anand.
Three of the 52 cybercriminals that were apprehended were masterminds. A total of 576 instances were found nationwide, 38 cases in Hyderabad city, and 74 cases in Telangana state. They are mostly investment scams, digital frauds, trade frauds, and digital arrests. A total of Rs 88.32 crores was wasted in these instances, according to Anand.
But only around Rs 3 crores might be frozen by the police.
“We were only able to freeze around Rs 3 crores via the banking system. Numerous cell phones, checkbooks, PAN cards, and other related items have been confiscated, according to Anand.
In addition to catching the perpetrators, the police concentrated on obtaining evidence that was essential to the fraudulent operations, such as bank records and cell phones.
Subsequent investigations showed that bank personnel were involved in several of the schemes. “Bankers’ actions are involved in three of the 33 instances. Fraudsters might register accounts and then use mule accounts to siphon off the money with the help of bank staff, according to CV Anand.
Three bank employees were therefore taken into custody: Kata Srinivas, a sales manager at Kotak Mahindra Bank; Harun Rashid, an associate vice president at Axis Bank in Bangalore; and Shubham Kumar Jha, a deputy manager at RBL Bank in Bangalore.
“With the connivance of bank officials, fraudulent people could open accounts and then they could syphon off the money through mule accounts,” Anand said.
