Hyderabad, Feb. 21 -- In two separate cases, the Cyberabad cyber crimes police busted two 'digital arrest' scam rackets, operating from Tamil Nadu and Kerala, for scamming two individuals off of Rs 1.38 crore and 28.68 lakh respectively.

In one case, cyber fraudsters posing as State Bank of India (SBI) officials and Mumbai Cyber Crime officers, defrauded an 82-year-old retired engineer off Rs 1,38,60,000, after manipulating the victim over a fake money laundering case lodged against him.

The victim, under pressure, transferred the amount to various accounts the scammers provided. Upon receiving the complaint from the octogenarian, the police started the investigation, which led to the arrest of Sankar Ganesh, 46, (arrested from Tiruchir...