Cyber fraud cases are increasing day by day. In a recent case, the owner of Vardhman Group, SP Oswal, was scammed of 7 crore rupees. The scammers called him pretending to be CBI officers, showed him a fake arrest warrant, and even digitally arrested him. However, once the police found out about the incident, they acted quickly and caught the two accused within 48 hours.
Punjab Police exposed a gang on Sunday that had tricked businessman SP Oswal into losing 7 crore rupees. Ludhiana Police Commissioner Kuldeep Singh Chahal said two cyber fraudsters have been arrested, and 5.25 crore rupees have been recovered so far. The police have identified 7 more members of the gang and are trying to catch them. All nine members are said to be from Assam and West Bengal.
Money Withdrawn from Different Bank Accounts
The cyber fraudsters took 7 crore rupees from SP Oswal by withdrawing money from different bank accounts. During this time, he had no idea that he was being scammed.
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How Did the Fraudsters Execute the Scam?
The cyber fraud began with a phone call. The person on the phone claimed to be a CBI officer. He showed the businessman a fake arrest warrant and digitally arrested him. The police registered a complaint from the victim and solved the case within 48 hours. The two accused have been identified as Anand Kumar Choudhary and Atanu Choudhary.
