Software engineer couple duped of Rs 1.53 cr, 50 accounts frozen How did the police track down the scammer in the UK?

A software engineer couple living in Bengaluru's Banaswadi had invested with the promise of higher returns. The investment was made in a scam operating in the UK.


Cyber Crime: Many types of financial frauds are now emerging and people are being cheated at all levels. A highly educated couple has been robbed of Rs 1.53 crore. However, the East Zone Cyber Crime Police in Bengaluru has recovered Rs 1.4 crore. The Times of India reported this.

A software engineer couple living in Bengaluru's Banaswadi had invested with the promise of higher returns. The investment was made in a scam operating in the UK. A network of fake accounts was being used by people in North India to launder the proceeds of the scam. He had also created a fake website to pretend that the transaction was genuine. On this website, they could see the amount of returns they were getting from their deposits.
A fake blog site
The couple is happy with the return on their investment. A few months later, he tried to withdraw some of the money. However, the fake website blocked them. They can't make money from this website. That's how it came to light.

More than 50 accounts
When the couple realised that they had been cheated, they immediately contacted the police. The police conducted a meticulous investigation and busted the money trail in coordination with the bank officials. More than 50 accounts involved in the scam have been frozen. This action has enabled them to recover a large part of the stolen funds.

Coordinated with the bank officials.
"For every cyber crime, the investigation team follows three rules. Tracking money transactions, blocking accounts, getting timely information from the complainant and registering complaints during the golden hour. Apart from this, coordination and liaison with bank officials is a must to ensure speedy completion of the work, "a police officer told The Hindu.