India, Oct. 29 -- A 56-year-old businessman from Bengaluru was defrauded of Rs.1.32 crore by fraudsters posing as police officers. The scammers used a fake video showing people being beaten to intimidate the victim into making the transfers.

The businessman from Banaswadi, was falsely accused of supporting the banned Popular Front of India (PFI) and funding terrorist activities, as per a report by Deccan Herald (DH).

On the morning of October 8, the victim received a call from someone claiming to be from Mumbai police's fictitious 'Enforce Department'. The caller accused him of money laundering and of sharing illegal videos.

The fraudster said police had raided a person named OM Abdul Salam and found a Canara Bank debit card in his nam...