Srinagar, March 23: The Enforcement Directorate (ED) has taken significant action in the ‘Digital Arrest’ case, seizing ₹16,86,465 obtained through fraudulent means. This operation was conducted by the ED’s regional office in Jammu and Kashmir on Monday.
According to a press release from the ED, the seized amount was temporarily confiscated under the provisions of the Prevention of Money Laundering Act (PMLA), 2002.
The funds were found in a bank account operated by the Jivika Foundation at HDFC Bank in Karol Bagh, New Delhi. This account is managed by the accused, Gaurav Kumar, who has been identified as a key player in a well-organized cyber fraud racket.
The investigation was initiated based on an FIR filed on October 19, 2024, at the Cyber Police Station in Kashmir and an initial charge sheet submitted to the Chief Judicial Magistrate’s Court in Srinagar.
This inquiry pertains to cyber fraud involving individuals impersonating officials from law enforcement and regulatory agencies to deceive unsuspecting citizens.
The investigation revealed that Gaurav Kumar, along with Gurpreet Singh and Ujjwal Chauhan, executed the fraud by posing as officials from agencies like TRAI and CBI. Victims were falsely informed that they were involved in a money laundering case related to national security and were threatened with arrest. Under fear and psychological pressure, victims were coerced into withdrawing their fixed deposits and transferring funds.
As a result, ₹21,00,000 was fraudulently obtained from the victims and transferred to the Jivika Foundation’s bank account, which acted as the primary beneficiary and intermediary.
According to an order issued by the Chief Judicial Magistrate’s Court in Srinagar on September 28, 2024, ₹4,13,535 of the total fraudulent amount has already been returned to the complainant.
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My name is Narendra Jijhontiya. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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