Hyderabad Police Arrest Two in ₹29 Lakh Digital Fraud Case
Two suspects were arrested in Hyderabad for defrauding a retired employee of over ₹29 lakh through a digital scam.
Hyderabad, October 18 (Daily Kiran) : Hyderabad police have arrested two individuals in connection with a digital fraud case that defrauded a 63-year-old retired employee of over ₹29 lakh. The suspects, identified as Mohammad Ashfaq Hussain and Ahmed Najib Uddin, were apprehended by the cybercrime unit for allegedly providing bank accounts to facilitate the fraudulent transactions and for concealing the money trail.
According to police reports, the victims were misled into believing they were involved in a money laundering case worth ₹6.8 crore. The perpetrators posed as officials from the Delhi Police, the Central Bureau of Investigation (CBI), and the Enforcement Directorate (ED), threatening the victim with arrest unless he complied with their demands. They even sent him fake government documents to support their claims.
The scammers obtained personal and banking information from the victim, assuring him that the money would be returned. They coerced him and his daughter into transferring funds under the pretext of an investigation. They warned them not to discuss the matter with anyone, citing national security concerns, and threatened both with arrest.
After realizing he had been scammed when the promised funds did not arrive, the victim filed a complaint with the police. Based on this complaint, authorities registered a case under various sections of the Information Technology Act and the Indian Penal Code.
The arrested suspects were reportedly struggling financially when they were introduced to a third accomplice, Sachin, via WhatsApp. Sachin orchestrated the scheme, directing them to transfer the stolen funds through multiple bank accounts to evade detection by law enforcement.
Ashfaq collected bank account details from Najib and shared them with Sachin, who then transferred the stolen money. The two suspects later withdrew the funds via checks and deposited the cash into different accounts using cash deposit machines. Police allege that Sachin converted the money into USDT cryptocurrency and subsequently sold it online for Indian rupees.
