Rs 8.90 crore cyber fraud busted in Andhra's Kakinada district
KAKINADA: The Kakinada district police have busted a massive cyber fraud racket and arrested three individuals involved in fraudulent transactions amounting to Rs 8.90 crore through 48 bank accounts.
Providing details on Friday, District Superintendent of Police G Bindu Madhav said efforts were underway to apprehend the mastermind behind the fraud, Putta Ram, who is currently operating from Dubai.
The investigation began after Karra Lova Krishna, a resident of Sambamurthynagar in Kakinada, lodged a complaint at the Kakinada I Town police station on January 31, 2025. Krishna reported that he was lured into opening a bank account with the promise of receiving Rs 5,000 per month.
48 bank accounts involved in fraud identified, frozen
Due to his limited understanding of banking procedures, he handed over his bank passbook, cheque book, ATM card, and SIM card to the individuals who made the offer.
After months of not receiving the promised payment, Krishna visited the Karnataka Bank branch in Kakinada. There, the bank staff informed him that nearly Rs 50 lakh had been transacted through his account. Alarmed, he immediately filed a police complaint.
Station Inspector Naga Durga Rao escalated the matter to SP G Bindu Madhav, who formed three special teams under the supervision of Kakinada SDPO Manish Devaraj Patil. The teams were led by Kakinada Crime CI V Krishna, Peddapuram CI R Ankababu, and I Town CI Naga Durga Rao.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
30 minutes ago
- Time of India
Two persons arrested for Rs 10L travel voucher fraud
Rourkela: Cyber police arrested two employees of a local IT-enabled services company on Friday night for allegedly defrauding their German client of around Rs 10 lakh through unauthorised manipulation of travel vouchers. They have been identified as Goutam Kumar Marndi (23) and Pitamber Hembram (24), both residents of Sector-19 here. The accused, whose employer provided customer support services to the German firm, allegedly created unauthorised tickets using travel vouchers meant for compensating customers with cancelled bookings. "The accused exploited their legitimate access to German company's online portal to create unauthorized tickets, which they sold at 40% discount through WhatsApp and Telegram channels," said Serofina Xess, IIC, Cyber police station, Rourkela. Investigation revealed that Marndi and Hembram collaborated with external parties to sell these discounted tickets, causing significant financial loss to German company, which operates in over 43 countries. The fraud came to light on May 2, 2025, when the company discovered unauthorised leakage and misuse of these voucher codes. Police found multiple WhatsApp accounts linked to the fraud on the accused's mobile phones.
Time of India
30 minutes ago
- Time of India
CBI nabs Dimapur bank ex-manager, proprietor of pvt firm for ‘graft'
Dimapur: The CBI has arrested a former senior manager of Punjab National Bank (PNB), Dimapur branch, from Guwahati and the proprietor of a Dimapur-based private firm from Dimapur for their alleged involvement in a bribery case. The former PNB senior manager has been identified as Seiminthang Singson and the proprietor of M/s Century Enterprises, Dhobinala, Dimapur, as Sanjit Chandra Dey. On June 4, the CBI registered a case against the two on the allegations that Singson took undue advantage of Rs 1 lakh in his bank account from the bank account of Dey for allowing extension of cash credit limit of Rs 20 lakh to the latter, even though his firm was not in right financial health. Searches were conducted in official and residential premises of both the accused at five locations in Dimapur and two locations in Guwahati on Friday and Saturday, leading to the recovery of incriminating documents and articles, a CBI release said on Saturday. It said Singson took undue advantage of a total of Rs 1.69 lakh from Dey, as per searches and seizure so far. Besides, an invoice of a total of Rs 2,06,200, relating to the purchase of electric/electronics items, were also seized from the office premises of Dey. These items were purchased by Dey in the name of Singson, the release said Some of the items found at the residential premises of Singson in Dimapur and Guwahati have been seized for investigation, the CBI said.
Time of India
an hour ago
- Time of India
5 taken into custody in a cockfighting raid
Udupi: Byndoor police took five persons into custody and seized five roosters in connection with a cockfighting event on Friday. According to police, based on information that cockfighting was being conducted at a public place near the govt shed close to Navodaya Colony in Balavadi, Bijur village, PSI Timmesh BN of Byndoor police station, along with staff and panchayat members, conducted a raid. During the raid, several individuals were found involved in cockfighting, where sharp blades were tied to the legs of roosters. The accused include Jaideep from Kirimanjeshwara, Madhukar, Heriyanna, Mahesh from Bijur, Raghavendra Das from Kalthodu, Chandra Maravante, Krishnadas, Ashok, Panduranga Nadikantha from Uppunda and Raghavendra from Harikere. Out of these, five individuals were taken into custody. Police seized five roosters used in the cockfight, Rs 1,490 in betting money, two sharp blades, and two ropes used during the activity. A case was registered at Byndoor police station.
