Police unearth multi-state cyber fraud racket
Jammu, Nov. 16 -- Jammu Rural police have recovered Rs.2.27 crore fraudulently siphoned off by online fraudsters, said Jammu SSP Joginder Singh. The case stemmed from a written complaint that was lodged at Nagrota police station by one Khalid Hassan of Dalpatian Mohalla in Jammu on April 10.
"The complainant reported that on April 8 while he was at Sidhra, he received a call from his brother, Sajid Hassan, who sought an urgent amount of Rs.54 lakhs," said the SSP. Acting on the request, the complainant obtained a Rs.54 lakh loan from J&K Bank in favour of his brother.
However, on November 10, the complainant was informed by his brother that over Rs.2 crore, including the said loan amount, which he had invested through the ICICI Securities application, had been fraudulently withdrawn by unknown persons. Following the complaint, the victim was advised to register an online fraud report through the National Cyber Crime Helpline (NCCRP) 1930.
The complaint, filed through the NCCRP portal and alleged a cyber fraud amounting to Rs.2,27,45,264 through fraudulent trading activities on the ICICI Securities platform, said the SSP. During the probe, bank statements of the victim and suspected fraudsters were obtained and analysed. "It was found that the misappropriated amount had been transferred into multiple bank accounts operated by the suspects", he said.
A case FIR 214/2025 has been registered under sections 318(4), 61(2) of the BNS, Section 66-D of the Information Technology Act, 2008. htc...
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