Quick Summary
In a shocking case highlighting the growing menace of cyber fraud, a 68-year-old Chartered Accountant from Odisha lost nearly Rs 1.5 crore to cybercriminals who kept him under a so-called "digital arrest" for ten days. The fraudsters, posing as officers from the Customs Department, Enforcement Direc
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now
Already a PRO member? Login here for an ad-free experience.
A 'digital arrest' scam is when fraudsters psychologically trap victims by impersonating law enforcement or government officials, making them believe they are under investigation and must comply with demands to avoid arrest, often isolating them.
The 68-year-old Chartered Accountant lost approximately £1.5 crore in the scam.
The fraudsters impersonated officers from the Customs Department, Enforcement Directorate (ED), and Central Bureau of Investigation (CBI).
The victim received a WhatsApp call claiming his Aadhaar was linked to money laundering. He was subjected to fake video calls and threats, leading him to transfer money over ten days under psychological pressure and isolation.
The scam occurred over a ten-day period, with the victim losing the money in multiple instalments.
Police are investigating by tracking digital footprints and banking transactions. The Supreme Court has also expressed concern, and the Ministry of Home Affairs and CBI are aware that many operations are run from abroad.
CAclubindia
