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Cyber Fraud Scheme in Bengaluru How Two Men Defrauded ₹854 Crore from 84 Accounts

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Cyber Fraud Scheme in Bengaluru How Two Men Defrauded ₹854 Crore from 84 Accounts

In a shocking cyber fraud scheme, two individuals in Bengaluru masterminded the misappropriation of ₹854 crores from 84 accounts. Targeting victims through messaging platforms like WhatsApp and Telegram, the fraudsters promised daily returns on investments, reeling in unsuspecting victims. The stolen funds were distributed across various platforms, including gaming apps, cryptocurrency transactions, and online casinos. Although the main operators were suspected to be based in Dubai, the Bengaluru Cyber Crime police successfully apprehended the perpetrators and their accomplices. This case underscores the importance of cybersecurity and vigilance against lucrative investment scams.

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