Latest news with #HyderabadCyberCrime
Time of India
27-07-2025
- Business
- Time of India
WhatsApp DP scam: CFO transfers over Rs 2 crore after 'MD' texts; Hyderabad Police reveal growing digital threat & what you should never do
In yet another case that exposes how deep fake identities and WhatsApp scams are running in India's corporate circles, the Hyderabad Cyber Crime police have arrested two men who allegedly impersonated a company's managing director (MD) on WhatsApp and cheated its Chief Financial Officer (CFO) out of Rs 1.94 crore. As reported by TOI, the arrested men, Ajay Sahu alias Ajju (20) from Datia district in Madhya Pradesh and Vaishna (26) from Agra district in Uttar Pradesh, were nabbed from Gwalior and Agra earlier this week. They were brought to Hyderabad on Friday, and two mobile phones used in the crime were seized. Explore courses from Top Institutes in Please select course: Select a Course Category MBA Management Digital Marketing Leadership Artificial Intelligence Data Analytics Data Science Data Science PGDM Finance Project Management Technology Operations Management Cybersecurity healthcare Design Thinking Degree MCA Healthcare Others others CXO Product Management Public Policy Skills you'll gain: Analytical Skills Financial Literacy Leadership and Management Skills Strategic Thinking Duration: 24 Months Vellore Institute of Technology VIT Online MBA Starts on Aug 14, 2024 Get Details Skills you'll gain: Financial Management Team Leadership & Collaboration Financial Reporting & Analysis Advocacy Strategies for Leadership Duration: 18 Months UMass Global Master of Business Administration (MBA) Starts on May 13, 2024 Get Details According to DCP D Kavitha, the CFO of an automobile dealership company received WhatsApp messages from an unknown number. The number had the display picture of the company's real MD, Sumanth, making it look authentic. Believing it to be his boss, the CFO started chatting with the fraudster. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like New Container Houses Indonesia (Prices May Surprise You) Container House | Search ads Search Now The impersonator claimed that urgent project funds were needed and shared a bank account number, instructing the CFO to transfer Rs 1.94 crore immediately. Trusting the request, the CFO made the transfer on July 8. It was only after informing the real MD via a phone call that he realised he had been duped. A complaint was promptly lodged on the National Cybercrime Reporting Portal, and a case was registered at the Cyber Crime police station the very next day, July 9, under Sections 66(C) and 66(D) of the IT Act, and Sections 111(2)(b), 318(4), and 319(2) of the Bharatiya Nyaya Sanhita. Live Events Investigations revealed a deeper racket. The accused duo used to sell current accounts for commission. Others involved in the ring would find images of MDs and CEOs online, create WhatsApp profiles using those photos, and then target employees, posing as their bosses. The stolen funds were routed through more than 60 bank accounts. Thanks to the CFO's swift reaction and timely police action, Rs 84 lakh was returned to the company's bank account, and Rs 15 lakh has been frozen in other accounts. The hunt is on for the remaining amount. Police advisory: 'Always double check' Hyderabad Police have urged the public to always verify any monetary request, even if it seems to come from a known authority, by confirming it through a voice call or in person. Victims of online fraud are advised to call the 24x7 helpline 1930 or report the incident at without delay. Inputs from TOI
Hans India
11-07-2025
- Hans India
Hyderabad: City cyber crime wing nabs 25 in a nationwide crackdown on fraudsters
Hyderabad: In a major breakthrough, the Hyderabad Cyber Crime unit arrested 25 cyber fraudsters across the country involved in 453 cases, including 66 cases in Telangana. The officials refunded Rs 72.85 lakh to the victims lost to cyber fraudsters in the month of June. The accused were involved in cases including Andhra Pradesh (17), Bihar (13) Chhattisgarh (2), Daman & Diu (3), Delhi (19), Gujarat (35), Haryana (6), Jharkhand (2), Karnataka (74), Kerala (28), Madhya Pradesh (7), Maharashtra (53), Odisha (3), Puducherry (1), Punjab (12), Rajasthan (16), Tamil Nadu (34), Punjab (4), Uttar Pradesh (36), West Bengal (16), Jammu & Kashmir (6), and Telangana (66). Police seized 34 mobile phones, 20 cheque books, 17 debit cards, 8 sim cards, 16 bank pass books, and net cash Rs 1 lakh. The cases include defrauding of Rs 2.59 crore, online investment scam through fake trading app – Abbott Wealth Management, Online investment scam impersonating YES BANK trading platform, fraudulent indian oil dealership scam cases. Additionally, the Cyber Crime police received as many as 22 cases of CSAEM (Child Sexual Abuse or Exploitive Material) from I4C through NECMEC (National Centre for Missing & Exploited Children). These cases were transferred to the concerned Police Stations through zonal DCPs based on address and jurisdictional area, resulting in the arrest of the accused individuals. Cyber Crime cops strongly advise to remain vigilant and not to fall prey to the messages or friend requests on social media platforms that claim to be from senior government officials and request money. Do not panic if you receive any threatening video calls claiming to be as CBI, RBI, ED, Customs, Judges, cyber-crimes police, Narcotics, FedEx, BSNL, TRAI etc. No government agency or law enforcement officials will make such Skype calls and demand money for clearing the issue. There is no digital arrest and no online enquiry in the system. Fake investment social media groups i.e. Telegram, WhatsApp, X, Instagram, and Facebook are popping up everywhere promising high returns with little risk. Don't fall for these scams! Always consult a SEBI - approved apps for investment. Always seek advice from a SEBI registered financial advisor before investing. There is a possibility to get a refund of at least part of the lost and PUT ON HOLD amount, if it is reported immediately. Victims of such Cyber frauds can report immediately on the helpline number 1930 or
Time of India
05-07-2025
- Time of India
Hyderabad Cyber Crime police arrest man at Delhi airport for investment fraud involving Rs 6 lakh
Representative Image Representative Image Representative Image Representative Image Representative Image 1 2 HYDERABAD: A man was caught at Delhi airport by the Hyderabad Cyber Crime police for his alleged involvement in an investment fraud. The accused, Manish Kumar Sharma, was wanted in 22 cases registered across various parts of Telangana . He was arrested in connection with a case in which he cheated a Hyderabad-based individual out of Rs 6 lakh by luring him into a fake investment scheme promising high returns in a short time. tnn You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad
Hans India
05-07-2025
- Hans India
Duo from Gujarat arrested in stock trading fraud
Hyderabad: The Hyderabad Cyber Crime police have apprehended two individuals from Gujarat in connection with a stock trading fraud case. The arrests were made as part of an investigation into a scam that allegedly defrauded a victim of over Rs 67 lakh. Police identified the arrested individuals as Mehulbhai Devrajbhai Ramani, aged 37, described as an account supplier, and Gondaliya Hardik Kumar Mukeshbhai, aged 26, identified as an account holder. Authorities seized net cash of Rs 1 lakh from the accused. According to police reports, the victim, a 57-year-old private employee residing in Hyderabad, initially received WhatsApp messages offering stock trading tips. Subsequently, he was directly added to a WhatsApp group named 'SMC 912'. Within this group, he was advised to consult with a customer care representative who purportedly facilitated all fraudulent transactions. Believing their claims, the victim proceeded to deposit a substantial amount totalling Rs 67,60,049. Following the victim's complaint, the police registered a case under Sections 66 C, 66 D of the IT Act, and Sections 111(2)(B), 318(4), 319(2), 336(3), 338, 340(2) of the Bharatiya Nyaya Sanhita (BNS). The Cyber Crime police stated that the accused contacted victims through WhatsApp, posing as a stock trading advisory service. They then provided 'mule' bank accounts and deceived victims into depositing money into these accounts under the guise of trading. The same modus operandi was employed to collect funds from numerous unsuspecting individuals. After the transactions were completed, the accused blocked the victims' contacts and ceased responding to their calls and messages. The Cyber Crime department has issued a public advisory, urging people to be wary of fake investment schemes promoted on social media platforms such as Telegram, WhatsApp, X, Instagram, and Facebook, which promise high returns with minimal risk. They emphasised the importance of never trusting promises of exorbitant returns or fabricated profit screenshots. Citizens are advised not to fall prey to such scams and to always use SEBI-approved applications for investment purposes, consulting SEBI-registered financial advisors before committing any funds. Furthermore, the police stressed the importance of immediately reporting suspicious transactions. Should an unauthorised transaction be noticed, a dispute should be raised with the bank without delay. In the unfortunate event of becoming a victim of cybercrime fraud, individuals are urged to dial 1930 or report the fraudulent activity immediately via the portal.
Time of India
03-07-2025
- Time of India
Fraudster impersonates IAS officer; FIR registered in Hyderabad
HYDERABAD: Unknown offenders have used the display picture (DP) of IAS officer Dr G Srijana on WhatsApp and sent messages to three district welfare officers seeking financial assistance. Based on the complaint of the officer's personal secretary, a case was registered by the Hyderabad Cyber Crime police. IAS officer Srijana is director of panchayat raj & rural development and also director (full additional charge) Women & Child Development. On Tuesday evening, M Manikantesh, personal secretary to the IAS officer, lodged a complaint with the Hyderabad Cyber Crime police station alleging that an unidentified fraudster created a WhatsApp profile using the officer's photograph and name. According to the complaint, the impostor, operating from an international number with Nepal's ISD code, sent messages to at least three district welfare officers seeking urgent financial assistance. You Can Also Check: Hyderabad AQI | Weather in Hyderabad | Bank Holidays in Hyderabad | Public Holidays in Hyderabad
