Elderly Businessman Targeted in Elaborate Cyber Fraud
An 81-year-old businessman from Karnataka’s Belagavi was cheated of over ₹15 crore in a sophisticated “digital arrest” scam. Fraudsters impersonated CBI officials and contacted him repeatedly through calls and video calls over nearly six weeks.
Threats of Money Laundering Case Used as Trap
The scammers falsely accused the victim of involvement in money laundering and claimed complaints had been filed against him. They pressured him by threatening arrest and convinced him to share sensitive financial details.
Funds Transferred to Fake ‘Government Account’
Under fear, the businessman transferred money in phases to what he believed was a “safe” or government account. Police said such scams rely on intimidation and impersonation. Authorities have launched an investigation and are working to trace the culprits.