Hyderabad, Feb. 20 -- Hyderabad cyber crime police on Wednesday, February 19, facilitated refunds in 16 cases amounting to a total of Rs 62,46,900 lakh. The list of cases includes eight stock trading and investment frauds, six FedEx and money laundering cases, one case of loan fraud and one case of impersonation fraud.

Additional chief metropolitan magistrate's (ACMM) Court, Anusha ordered the victim's respective banks to refund them the amount they were nearly cheated out of.

As per court orders, victims of stock trading and investment fraud were refunded Rs 12,16,773 through their banks. Six victims cheated under the pretext of FedEx/digital arrest and money laundering and were refunded Rs 47,85,759.

One person cheated on the pretext...