Warangal Police Bust Rs 15 Crore Cyber Scam, Arrest Two
WARANGAL: Cybercrime police of Hanamkonda district have arrested a couple who looted more than Rs 15 crore through cyber frauds and seized checkbooks, credit and debit cards, pen drives and mobile phones from their possession.
Disclosing the details to the media in Hanamkonda on Monday, police commissioner Ambar Kishor Jha said the accused were identified as Jaseel, 38, and Preethi, 32, who are natives of Tambaram city of Tamil Nadu state.
For the past few months, the couple has opened accounts in various banks through fraudulently and lured the victims to invest in two apps named "Internal Equity Amount of Goldman Sachs" and "Yum Branding-6001" with the promise of giving huge returns.
On receiving the complaint from a victim who lost Rs 28 lakh after investing in these apps, the cybercrime police registered the case and started an investigation. The police collected clues about the accused using latest technologies, apprehended Jaseel and Preethi and produced them before a local court.
The couple confessed that they had committed around 150 crimes across the country including 15 in Telangana, duping victims for about Rs 15 crore. Police froze the bank accounts of the accused to prevent further fraudulent transactions, the commissioner informed.