Category Archives: crime

ED Files Supplementary Prosecution Complaint Against Raj Kundra In ₹6,606 Crore Bitcoin Scam

**Mumbai:** The Enforcement Directorate (ED) has submitted a supplementary prosecution complaint against Bollywood actress Shilpa Shetty’s husband and businessman Raj Kundra in connection with the money laundering probe related to a Rs 6,606 crore bitcoin scam involving the Delhi-based company Variabletech Pvt Ltd (VTPL).

### ED’s Allegations

The agency alleges that Kundra received 285 bitcoins worth Rs 150.47 crore in April 2024 from Amit Bharadwaj, director of VTPL, who passed away while the case was pending. The bitcoins were reportedly intended for setting up a Bitcoin mining farm in 2017. However, as the deal could not materialise, the ED claims Kundra still possesses the bitcoins, which allegedly constitute proceeds of crime.

Furthermore, the ED states that Kundra has refused to share any details regarding these transactions.

### Property Transactions Linked

In addition to the bitcoin allegations, the ED claims Kundra purchased immovable properties in Juhu and Pune using the proceeds of crime. It is also alleged that Kundra transferred these properties into the name of his wife, Shilpa Shetty, at half their market value.

The agency has filed a second supplementary prosecution complaint not only against Kundra but also against a Delhi-based businessman, Rajesh Satija, as part of its ongoing probe.

### Conflicting Versions and Investigation Details

The ED uncovered several inconsistencies in Kundra’s explanation about the receipt of bitcoins from Amit Bharadwaj. According to the prosecution complaint, Amit had transferred 285 bitcoins to Kundra for investment in a joint venture aimed at setting up a new Bitcoin mining farm in Ukraine.

In statements recorded in April and June 2018, Amit claimed that he was approached by Kundra and Shetty for this joint venture, for which they sought $2.25 million in bitcoin. Amit said he had transferred $1 million (approximately 300 bitcoins) by the end of July 2017, with the remaining amount expected after the agreement was finalized.

While Kundra admitted to receiving the funds, he claimed he was merely a mediator between his Israeli friend Shlomi Amouyal (alias Tom) and Amit. Kundra said that Amit transferred the bitcoins to Tom’s wallets, and the deal was later cancelled when Amit failed to send the remaining amount.

Amit, however, stated that he spoke to Tom, who identified himself as a tech contact for Kundra. The ED also noted that Kundra refused to provide wallet details, citing loss of information due to phone issues in 2018, during the ongoing investigation.

### ED’s Findings and Actions

The ED pointed out glaring mismatches in the versions presented by Amit and Kundra. It revealed that Kundra had sent a term sheet to Amit, which acted as an agreement but did not mention Tom. The agency rejected Kundra’s claim of being only a mediator.

According to the ED, “It is clear that the deal to establish Bitcoin mining farms was made between Kundra and Amit (through his father Mahendra Bharadwaj). Since the deal did not materialise, Kundra is still in possession and enjoyment of 285 Bitcoins valued at Rs 150.47 crore.”

The agency further alleged that Kundra deliberately withheld wallet addresses and failed to surrender the 285 bitcoins.

The ED is actively investigating money laundering allegations against VTPL and its directors, Ajay Bhardwaj and his late brother Amit Bhardwaj. They are accused of luring investors by promising high returns in bitcoins and cryptocurrency developed by them, reportedly amassing 80,000 bitcoins (worth Rs 6,606 crore in November 2017) through the Bhardwaj family and other MLM agents.

### Case Background

In April last year, ED had attached several properties linked to Kundra, including five flats in the Ocean View Society on Juhu Tara Road worth Rs 82 crore, and a bungalow in Pune valued at Rs 11 crore. These properties were transferred in Shilpa Shetty’s name.

*To explore exclusive and budget-friendly property deals in Mumbai and surrounding areas, visit:* [https://budgetproperties.in/](https://budgetproperties.in/)
https://www.freepressjournal.in/mumbai/ed-files-supplementary-prosecution-complaint-against-raj-kundra-in-6606-crore-bitcoin-scam

Mumbai: 67-Year-Old Killed In Wrong-Side Collision On WEH; 16-Yr-Old Dies In Separate Accident After His Electric Scooty Skids At Palm Beach Road

**Mumbai: Two Separate Fatal Road Accidents Claim Lives in Borivali and Navi Mumbai**

A 67-year-old man lost his life in a tragic road accident in Borivali when a motorcyclist allegedly driving on the wrong side collided head-on with his two-wheeler. In a separate incident in Navi Mumbai, a 16-year-old boy died after his electric scooty skidded on a wet road.

### Borivali: Elderly Man Killed in Head-On Collision

On the night of September 19, Anwar Mithani, 67, was riding pillion with his son Yash on their two-wheeler after closing their shoe shop at Carter Road no 7, Borivali East. Around 11:20 pm, as they approached the southbound lane of the Western Express Highway, they were involved in a head-on collision with a motorcycle coming from the wrong direction.

The accused, 24-year-old Aniket Jadhav from Borivali, fled the scene without offering any assistance. Mithani sustained serious injuries to his right leg, head, face, and fingers and was bleeding heavily. Yash also suffered injuries to his hands and legs.

Bystanders helped transport Mithani to Shatabdi Hospital in Kandivali West, where he was under medical care. Unfortunately, he was pronounced dead around 11:30 am the following day.

The Kasturba police traced and arrested Jadhav four days later. An FIR has been filed against him under sections 106(1) (causing death by negligence), 125(a) (act endangering life), and 281 (rash driving) of the Bharatiya Nyaya Sanhita and the Motor Vehicles Act.

### Navi Mumbai: Teen Dies After Electric Scooty Skids on Wet Road

In another fatal mishap, 16-year-old Shivam Patil died after his electric scooty skidded on the wet Palm Beach Road in Navi Mumbai. Patil, a class 10 student and resident of Nerul, was returning home along with his friend Sahil Bavliya, also 16.

Earlier in the evening, the duo attended karate classes in Seawoods and decided to stop by Sanpada for snacks. Around 8 pm, as they were heading back home, it had rained slightly, making the road slippery.

Patil was riding an electric scooty belonging to his father and was not wearing a helmet at the time. According to Police Sub-Inspector Amol Munde of Sanpada police station, the bike skidded, causing Patil to fall and hit his head on a metallic road barricade, resulting in fatal injuries.

Patil was declared dead on arrival at the hospital. Bavliya sustained a fractured hand and abrasions and is currently receiving treatment at Vashi municipal hospital.

Patil has been posthumously booked for rash driving and causing death due to negligence.

Both incidents underscore the urgent need for road safety awareness, adherence to traffic rules, and protective measures like helmet use to prevent such tragic losses.
https://www.freepressjournal.in/mumbai/mumbai-67-year-old-killed-in-wrong-side-collision-on-weh-16-yr-old-dies-in-separate-accident-after-his-electric-scooty-skids-at-palm-beach-road

Maharashtra News: CBI Initiates Probe Against Pune Firm For ₹16 Crore SBI Fraud

**CBI Initiates Probe Against Private Firm for Rs 16 Crore Fraud on State Bank of India**

*Mumbai:* The Central Bureau of Investigation (CBI) has launched an investigation against a private firm for allegedly causing a loss of over Rs 16 crore to the State Bank of India (SBI).

**Complaint Filed by SBI**

According to the CBI, a complaint was received from Kumar Parimal Prem, Deputy General Manager of SBI’s Administrative Office in Pune. The complaint alleges that a Pune-based borrower company—a registered partnership firm engaged in real estate and construction activities—and its partners, in criminal conspiracy with unknown bank officials and other private individuals, cheated the bank to the tune of Rs 16.35 crores by fraudulently availing credit facilities.

**Modus Operandi**

The complaint reveals that between 2017 and 2023, the accused conspired to cheat SBI’s Small Industries Branch in Pune by availing loans through misrepresentation of data and fraudulent diversion of funds disbursed under credit facilities. These funds were sanctioned for the construction of residential apartments in Pune.

The borrower company and its partners submitted false financial statements, misrepresented their net worth and sources of margin money for the project, and provided bogus CA and engineer certificates to secure the disbursement of credit facilities, the CBI stated.

**Misappropriation of Funds**

The accused individuals allegedly diverted the disbursed funds for purposes other than those for which they were sanctioned. By doing so, they misappropriated the bank’s money, causing a wrongful loss amounting to Rs 16.35 crores to SBI while gaining illegally for themselves.

Furthermore, the partners defaulted on loan installments and interest payments. Consequently, the company’s loan account was classified as a Non-Performing Asset (NPA) on March 31, 2023. The account was further declared as fraudulent on February 28, 2024, a CBI official confirmed.

**FIR Registered**

Based on the SBI’s complaint, the CBI has registered a First Information Report (FIR) on charges of bank fraud under the relevant sections of the Indian Penal Code and the Prevention of Corruption Act.

*For exclusive and budget-friendly property deals in Mumbai and surrounding areas, visit:* [https://budgetproperties.in/](https://budgetproperties.in/)
https://www.freepressjournal.in/mumbai/maharashtra-news-cbi-initiates-probe-against-pune-firm-for-16-crore-sbi-fraud

Dem Lawmaker Rains Down Fire On Trump

BROWN: So, we wanna talk about abuse of power, huh? Well, let me start here. President Trump’s only expertise on crime is committing it, not preventing it; enabling it, not ending it; and covering it up, not cleaning it up. He is a convicted felon. He has illegally frozen federal funding. He has assaulted the rule of law at every turn. He has consistently violated constitutionally protected due process rights, and he has unleashed a corporate agenda to enrich himself and his wealthy donors.

Right now, as we sit here, Trump is bending over backwards to protect Ghislaine Maxwell, a convicted sex trafficker who preyed on children, and blocking the release of the Epstein files to shield criminals from accountability. In the last 10 months alone, he has pardoned countless white-collar fraudsters who ripped off the American people—often conveniently after they cozied up to him.

And let’s not forget, Trump pardoned every single person charged or convicted in the January insurrection. That included 172 people who pleaded guilty to assaulting law enforcement. It included dozens of repeat offenders, people with prior convictions for rape, manslaughter, and sexual abuse of a minor. It also included at least 10 individuals who have already been re-arrested for new crimes.

So, spare us. Spare us the talk of law and order because under Trump, that only means lawlessness for his friends and punishment for everyone else.

Now let me be clear: I care deeply about public safety in my district and in every district across America. Every person deserves to feel safe in their neighborhood, at their job, and at their school. And if I may, there is some good news. Violent crime has been consistently decreasing across America. Yes, we have more work to do, but we also know what works to keep it that way.

So, if you are really serious about public safety, let’s increase funding for violence prevention programs. Let’s pass common sense gun safety bills. And let’s provide additional federal resources to our local partners to recruit and train local law enforcement.

But what has this administration done instead? Rolled back gun safety reforms, gutted DOJ programs tasked with addressing violent crime, and blocked funding to local law enforcement and community violence prevention agencies like the one you served, Mr. Jackson.

Earlier this year, Cleveland Peacemakers Alliance—a local violence prevention organization—had its community violence prevention grant funding frozen by this administration. Mr. Jackson, I know you cannot speak to this specific grant, but can you talk about the importance of grants funded through the bipartisan Safer Communities Act and how freezes like this impact public safety?

JACKSON: Well, we know—from Cleveland Peacemakers to Advanced Peace to Safe Streets Baltimore to Life Camp in New York City—that these organizations that are doing violence intervention work are saving lives every day. Every study we’ve seen that focuses on how impactful community violence intervention has been has shown promise.

But this Trump administration hasn’t stopped at terminating violence intervention programs. They also terminated $1 billion in youth mental health resources that we know can help our youth who are in crisis—before a school shooting, before a suicide attempt, before any violent harm.

They’ve also made major cuts to the ATF. We know the ATF now has lost two-thirds of its inspectors, so they don’t even have the capacity to inspect gun stores to determine whether or not they’re violating the law. The administration also reversed the zero tolerance policy for gun dealers, where if they violate the law, they lose their license.

Even the Department of Justice website invites previously violating gun stores to come back and get their licenses again.

So, he’s not only defunding programs that we know are preventing violence—programs that are working with youth, working in schools, and working in homes—he’s also stripped, dismantled, and defunded federal law enforcement efforts to keep guns out of our communities.

BROWN: Thank you so much. Instead of funding proven public safety solutions, my Republican colleagues want to pull political stunts like weaponizing the National Guard against the American people.

Let’s be clear: that only sidelines local law enforcement, sows chaos, and distracts from real emergencies. So yes, it’s political theater, but worse—it’s dangerous political theater that puts communities more at risk, not less.
https://crooksandliars.com/2025/09/dem-lawmaker-rains-down-fire-trump

Thane Crime: Ambernath Police Arrest Couple With Drugs, Thinner And Cough Syrup Worth Over ₹2.5 Lakh

**Thane: Ambernath Police Arrest Couple for Possession of Illegal Substances Worth Over ₹2.5 Lakh**

The Ambernath Police have arrested two individuals, including a woman, for allegedly possessing a large quantity of illegal substances. The seizure included 334 bottles of thinner liquid, 8 grams of MD powder, 5 grams of heroin, and several bottles of cough syrup. The combined value of these substances is estimated to be over ₹2.5 lakh. Authorities believe the accused were planning to sell these substances in local areas.

**Accused Identified**

The arrested individuals have been identified as Sharif Shaikh and his wife, Asiya Shaikh, both residents of Ambernath. Acting on a tip-off from an informer, a police team conducted a raid at their location and successfully seized the contraband.

**Prior Cases and Investigation**

During the ongoing investigation, it was revealed that Sharif Shaikh had 29 registered offences against him, while four cases are pending against his wife at Ambernath police stations. An FIR has been lodged under the relevant sections of the NDPS Act.

**Police Statement**

Shailesh Kale, ACP of Ambernath, said, “We will investigate the matter further to determine what preventive measures can be implemented to curb such offences.”

The accused were produced in court and have been remanded to police custody for further investigation.

*For details on exclusive and budget-friendly property deals in Mumbai and surrounding regions, please visit: [https://budgetproperties.in/](https://budgetproperties.in/)*
https://www.freepressjournal.in/mumbai/thane-crime-ambernath-police-arrest-couple-with-drugs-thinner-and-cough-syrup-worth-over-25-lakh

Sonu Sood questioned by ED in betting app case

**Sonu Sood Questioned by ED in 1xBet Betting App Money Laundering Case**

*By Apoorva Rastogi | Sep 24, 2025, 01:47 PM*

Bollywood actor Sonu Sood visited the Enforcement Directorate (ED) office in central Delhi on Wednesday for questioning in connection with a money-laundering investigation related to the online betting app 1xBet. The 52-year-old actor was summoned by the agency and arrived at the ED office around noon. He is being questioned under the Prevention of Money Laundering Act (PMLA).

### Ongoing Probe into 1xBet Online Betting App

The ED’s investigation into 1xBet is part of a broader probe targeting several online betting platforms accused of cheating people out of crores and evading both direct and indirect taxes. Over the past few weeks, the agency has questioned several former cricketers, including Suresh Raina, Shikhar Dhawan, Robin Uthappa, and Yuvraj Singh, among others.

### Probe into Celebrity Endorsements

The Enforcement Directorate is also examining how celebrities were approached by 1xBet for endorsements. The agency aims to uncover key contacts in India and determine the method and source of celebrity payments. It is investigating whether these payments could be classified as “proceeds of crime” under the PMLA.

To aid in the investigation, the ED has requested copies of contracts as well as all email and paper documentation related to the celebrities’ dealings with 1xBet.

### About 1xBet

According to its official website, 1xBet is a globally recognized bookmaker with 18 years of experience in the betting industry. The app offers users the ability to bet on thousands of sporting events and is available in 70 languages.

The ED may soon begin attaching the assets of individuals found to have used proceeds from promotional activities linked to the case.

Stay tuned for more updates on this unfolding investigation.
https://www.newsbytesapp.com/news/entertainment/sonu-sood-summoned-by-the-ed/story

MP News: Relative Arrested For Raping 16-Year-Old Girl In Gwalior; Lured Her On Pretex Of Temple Visit, But Took Her To Forest

**16-Year-Old Girl Allegedly Raped by Distant Relative in Gwalior, Madhya Pradesh**

Gwalior (Madhya Pradesh): A 16-year-old girl was allegedly raped by a distant relative in Madhya Pradesh’s Gwalior district. The accused, Pawan Kushwaha, lured her under the pretext of visiting a temple but instead took her to a nearby forest and sexually exploited her. He also recorded obscene videos of the girl and used them to blackmail her.

According to reports, the crime took place in the Chinaur area of Bhitarwar. The incident began when Kushwaha, who is a distant relative of the victim, used to visit her house frequently. Police reports reveal that Kushwaha confessed his love for the minor and promised to marry her.

Taking advantage of the victim being alone at her sister’s house, Kushwaha allegedly sexually exploited her and recorded obscene videos. When the girl stopped meeting him, he started threatening to make the photos and videos viral.

The crime escalated further when Kushwaha arrived on his bike to visit the minor again. He lured her with the promise of a visit to the Dhumeshwar temple. However, instead of heading to the religious site, he took her to a nearby forest where he raped her once again.

Frightened by the assault and ongoing blackmail, the girl confided in her family. They promptly lodged a formal complaint against the accused at Chinaur police station.

Acting swiftly on the complaint, the police registered cases under the Rape and POCSO Act and launched a manhunt. Following a tip-off from an informer, authorities tracked Kushwaha to his brother-in-law’s residence in Chak Kishanpur village, where he was apprehended.

Station in-charge Shailendra Gurjar took immediate action and arrested the accused. CSP Gwalior Robin Jain stated, “The heinous crime was committed by the victim’s distant relative, whom she had known for the last two years. The girl, who stayed in a hostel, was raped twice.”

The police have assured that the accused will be dealt with strictly as per the law. The investigation is ongoing, and further updates will be provided as the case develops.
https://www.freepressjournal.in/bhopal/mp-news-relative-arrested-for-raping-16-year-old-girl-in-gwalior-lured-her-on-pretex-of-temple-visit-but-took-her-to-forest

Who Is Swami Chaitanyananda Saraswati? Self-Styled Godman Accused Of Sexually Harassing 17 Female Students, Possessing Car With Fake Embassy Number Plate

**Self-Styled Godman Swami Chaitanyananda Saraswati Booked for Sexual Harassment by Delhi Police**

*New Delhi:* Swami Chaitanyananda Saraswati, a self-styled godman and member of the management committee of the Sri Sharada Institute of Indian Management, has been booked by the Delhi Police following allegations of sexual harassment made by several female students.

A complaint was filed on August 4 at the Vasant Kunj North Police Station concerning the matter. According to police sources, statements of 32 female PGDM (Post Graduate Diploma in Management) students enrolled under the EWS scholarship at the institute were recorded. Among them, 17 students alleged that Saraswati used abusive language, sent obscene messages, and made unwanted physical advances.

### Who Is Swami Chaitanyananda Saraswati?

Swami Chaitanyananda Saraswati, also known as Parth Sarthy, is a committee member of the Sri Sharada Institute of Indian Management. He is currently facing multiple sexual harassment charges.

A case has been registered against him under relevant provisions of the Bharatiya Nyaya Sanhita (BNS). Subsequently, 16 victims have deposed before a magistrate as part of the ongoing investigation.

The police also discovered a Volvo car with a forged diplomatic number plate – “39 UN 1” – parked in the institute’s basement. The vehicle is allegedly used by Saraswati. Authorities seized the car following the filing of another FIR on August 25.

Currently, Saraswati is absconding, prompting law enforcement to launch a manhunt to apprehend the self-styled godman.

### Previous Allegations and Cases

This is not the first time Saraswati has been embroiled in legal trouble. In 2009, a case involving fraud and molestation was registered against him in Delhi’s Defence Colony, according to reports by IANS.

In 2016, another molestation case was reportedly filed by a woman at the Vasant Kunj North police station, further adding to the allegations against him.

The police continue their investigation and efforts to bring the accused to justice. Further updates will be provided as the case develops.
https://www.freepressjournal.in/india/who-is-swami-chaitanyananda-saraswati-self-styled-godman-accused-of-sexually-harassing-17-female-students

3 Singaporeans under probe in cross-border baby-trafficking case; ICA reviews lapses after woman overstayed 28 years undetected: Singapore live news

A transnational baby-trafficking ring has drawn Singapore into the spotlight, with three Singapore citizens currently under investigation by Indonesian authorities. The Indonesian National Police allege that 15 babies were sent to Singapore under falsified adoption papers, with each infant fetching around $20,000.

The Singapore Police Force (SPF) has pledged full cooperation, including questioning witnesses and tracing suspects through Interpol. So far, 22 people have been charged in Indonesia, with operations linked to West Java, Jakarta, and Pontianak. The syndicate allegedly profited by covering delivery and care costs before pocketing the remaining funds.

This case has sparked widespread outrage, with child protection groups calling it one of the most serious trafficking scandals in the region.

In a separate development, the Immigration and Checkpoints Authority (ICA) is reviewing its processes after a woman overstayed in Singapore for more than 28 years without detection. Yu Zefang, 60, was sentenced on 1 September to six months’ jail and fined $2,000, according to local media reports.

Yu had surrendered in December 2024, expressing her wish to return to China. She entered Singapore in 1995 on a student pass but absconded in 1996 after her special pass expired. She remained in the country to care for her daughter, who later became a permanent resident.

Coordinating Minister for National Security and Minister for Home Affairs K. Shanmugam told Parliament that Yu avoided detection by living off the grid—with no fixed address, no formal employment, and no use of public services. This case, believed to be the longest overstay in Singapore’s history, has raised questions about systemic gaps in immigration monitoring.

Meanwhile, a government scheme designed to support jobless Singaporeans has come under scrutiny after most applicants were rejected. The SkillsFuture Jobseeker Support Scheme, launched in April, has received 7,200 applications, but 60 percent were rejected, mainly because applicants did not meet criteria such as involuntary unemployment or the $5,000 income cap.

During Parliamentary sessions, MPs questioned whether the scheme adequately supports freelancers, contract workers, and those who left jobs under complex circumstances.

Senior Minister of State Koh Poh Koon responded that the scheme is regularly reviewed and allows for appeals, but its focus must remain on individuals facing sudden financial shocks.

The Ministry of Manpower and Workforce Singapore are proactively engaging with employers and the labour movement to increase awareness of the SkillsFuture Jobseeker Support Scheme. Efforts include verifying unemployment claims directly with former employers and encouraging companies undergoing retrenchments to assist their employees in applying for support.

Read more about the questions raised in Parliament regarding the fairness of the Jobseeker Support Scheme here.

Singapore’s fresh graduates are entering an increasingly crowded job market, with 2,400 more graduates competing for roles this year. The result is sharper competition and rising anxiety among new entrants.

Even as employment rates improve to 52 percent, 1,700 more graduates remain unemployed compared to 2024. These numbers highlight a growing comfort gap in graduate employment.

To address this, the government has launched GRIT and GRIT@Gov, offering 800 traineeships lasting three to six months. These programmes include allowances co-funded by the state. Officials say these schemes are a preemptive effort to reassure graduates and help them gain industry experience while waiting for permanent roles.

Additionally, structured pathways for skilled trades are being developed to broaden career options beyond traditional graduate jobs.

Stay tuned for more updates on these evolving stories.
https://sg.news.yahoo.com/live/3-singaporeans-under-probe-in-cross-border-baby-trafficking-case-ica-reviews-lapses-after-woman-overstayed-28-years-undetected-singapore-live-news-013113627.html

78-year-old former banker loses Rs 23 crore after being under `digital arrest`

On August 1, Malhotra received a call from a man claiming to represent a mobile connection company. The caller alleged that his Aadhaar Card had been misused in Mumbai to obtain a connection linked to terror funding cases.

“They told me I needed to speak with the Mumbai Police, and if the authorities approved, the connection would continue; otherwise, it would be disconnected and the matter reported,” Malhotra told PTI.

The scammers pressured him, claiming his Aadhaar was linked to terror funding, terror activities, and other serious offences. “They warned me not to inform anyone, including my family, or they too would be treated as co-accused,” he said.

Initially, the imposters sought information about Malhotra’s savings. “They asked how much I had in my bank accounts. I said around Rs 14 lakh. They told me to transfer it for verification, assuring me it would be returned,” he recounted.

After each transfer, the fraudsters sent him forged certificates purporting to be from the Reserve Bank of India (RBI), PTI reported. As their demands grew, they asked about his mutual funds, systematic investment plans (SIPs), and other assets, claiming they were verifying them under Bombay High Court guidelines.

“They said they would verify 25 per cent of my assets first, then proceed with the rest. They threatened that my family would be named co-accused if I didn’t comply,” Malhotra said.

Under constant pressure, he visited three banks, liquidated his investments, and transferred the proceeds to accounts provided by the scammers. Each time, they issued more fake RBI certificates. Between August 1 and September 4, Malhotra was confined to his home, venturing out only to visit banks.

On September 14, the fraudsters claimed that the Mumbai Police officer investigating his case was compromised and demanded another Rs 5 crore, allegedly on behalf of the Supreme Court, to be deposited into a private bank in West Bengal. Malhotra refused, saying he would approach the police directly. After this, the calls abruptly stopped.

Realising he had been defrauded, Malhotra approached the authorities on September 19. “I spent my life savings building security for my old age. In one month, it all disappeared because I trusted the wrong people. I hope my story serves as a warning,” he said, holding back tears.

The Intelligence Fusion and Strategic Operations (IFSO) unit of Delhi Police, which handles cyber fraud cases, is investigating. Police have so far frozen Rs 2.67 crore in several accounts.

“The funds were layered across multiple accounts and withdrawn from different parts of the country to evade detection. Over 4,000 accounts were used to siphon off the money,” an officer privy to the investigation said. “We will crack the case soon and arrest those behind the scam.”
https://www.mid-day.com/news/india-news/article/78-year-old-ex-banker-loses-rs-23-crore-to-cyber-fraudsters-was-held-under-digital-arrest-23595438