Intensifying the crackdown on cyber fraud, the Punjab Police have frozen 63,749 bank accounts linked to fraudulent transactions involving more than ₹540 crore over the past year, while recovering and refunding nearly ₹64 crore to victims since 2024. Intensifying the crackdown on cyber fraud, the Punjab Police have frozen 63,749 bank accounts linked to fraudulent transactions involving more than ₹540 crore over the past year, while recovering and refunding nearly ₹64 crore to victims since 2024. (Getty Images/iStockphoto/ Representational image) Director general of police (DGP) Gaurav Yadav said the action prevented fraudsters from withdrawing stolen money and improving the chances of recovering victims’ funds through swift financial intervention, while also helping uncover organised cybercrime syndicates operating across the country. According to the State Cyber Crime Division, as many as 62,253 cyber crime cases have been registered across Punjab since 2024. Highlighting a recent breakthrough, the DGP said the State Cyber Crime Division cracked a cyber extortion racket targeting a Punjabi resident living in Canada. According to police, the victim was lured through social media with …