All posts tagged: 2 crore scam

Ludhiana: Key cyberfraud accused caught in Rajasthan for ₹2-crore scam

Ludhiana: Key cyberfraud accused caught in Rajasthan for ₹2-crore scam

[email protected] Police have already recovered around ₹18 lakh, which has been returned to the victim company, while efforts are underway to trace the remaining amount and arrest other members of the gang. (HT FILE) The cyber crime police have arrested the alleged mastermind of a sophisticated fraud racket that duped a city-based company of nearly ₹2.5 crore by impersonating its owner through WhatsApp. The accused, identified as Manvendra Singh, was arrested from Jodhpur in Rajasthan following a multi-state investigation that relied on digital tracking, technical surveillance and financial transaction analysis. Police have already recovered around ₹18 lakh, which has been returned to the victim company, while efforts are underway to trace the remaining amount and arrest other members of the gang. According to cyber crime station in-charge Satbir Singh and sub-inspector Harinder Pal Singh, investigators found that the accused and his associates had allegedly created a fake business entity and devised an elaborate plan to target a prominent Ludhiana-based firm. The crime took place nearly two months ago, triggering registration of the case at the …