France, Nov. 3 -- Online scammers posing as police have launched a multi-million euro "digital arrest" scam in India, targeting prominent figures such as judges, journalists and business leaders. This sophisticated cybercrime scheme has become a major concern as criminals hold individuals to ransom under the guise of law enforcement.
In August, Indian textile tycoon S.P. Oswal, chairman of the Vardhman Group, paid €770,000 to scammers posing as federal agents who accused him of money laundering.
The 82-year-old was placed under video surveillance at home and threatened with arrest until he paid the ransom.
This "digital arrest" scam has ensnared other high-profile victims, including court judges, doctors and army officers.
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