Financial Fraud: Man Loses Rs 7.76 Lakhs to Cyber Scammers

By Nagpur Trends Team Published on 2023-12-08 17:56:23.
Financial Fraud: Man Loses Rs 7.76 Lakhs to Cyber Scammers

In a recurring pattern of online 'task frauds,' a middle-aged individual became the latest victim of cyber fraud, losing over Rs 7.73 lakhs in a similar scheme before the police could identify numerous cases.

Arshad Iqbal Haider Khan, a 54-year-old resident of Plot No. 89, Naik Road, Mahal, fell prey to a fraudulent scheme initiated through a message from cell number +918176977163. An individual named Anjali added him to a Telegram App group, claiming he could earn quick cash by liking YouTube videos and providing screenshots. Assuring compensation for each screenshot, Anjali enticed Arshad Iqbal into accepting the offer.

Motivated by the prospect of quick and easy wealth, Arshad Iqbal started receiving funds in his account as he engaged in watching YouTube videos and sharing screenshots. The cyber scammers, gaining his trust, convinced him to invest money by promising high profits and providing bank account information. Subsequently, between December 1, 2023, and December 4, 2023, Arshad Iqbal deposited Rs 7,76,922 in various accounts as part of the investment.

The scammers swiftly drained the funds from the accounts. When communication was disrupted, and no further funds were reflected in his account, Arshad Iqbal approached the authorities and filed a complaint. Acting on the victim's complaint, the Cyber Police registered a case under Sections 419, 420, 465, 468, and 471 of the Indian Penal Code, along with Section 66(d) of the Information Technology Act, initiating a thorough investigation.


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