Ludhiana: Cases of digital fraud are on the rise nationwide, with scammers tricking people into transferring money from their bank accounts to others. A recent incident in Ludhiana, a major industrial city in Punjab, has come to light. Fraudsters managed to deceive SP Oswal, the chairman of the well-known Vardhman Group, out of Rs 7 crore.
They digitally impersonated officials, presented a fake Supreme Court arrest warrant and property sealing notice to SP Oswal via video conferencing, and succeeded in transferring Rs 7 crore to various bank accounts.
The chairman of Vardhman Group has said in his complaint to the Ludhiana police that he first received a call. The person calling told him that he was speaking from Delhi ED. After this, he asked him to come for video conferencing. On video conferencing, a person who was speaking fluent English said that they have a warrant from the Supreme Court for your arrest and property sealing.
The fraudsters also showed the arrest warrant of the Supreme Court on the screen.
After seeing the warrant, he fell into the trap of the fraudsters. The fraudsters instilled fear in his heart and mind in such a way that he started obeying their every word. After this, the fraudsters told him that you are such a big industrialist, if you are arrested then there will be a lot of disgrace.
After showing fear, they started bargaining
After showing fear, the fraudsters started bargaining. In the complaint, Oswal said that his deal was fixed for seven lakhs. After this, the fraudsters got seven lakh rupees transferred to different bank accounts.
Padma Bhushan awarded industrialist SP Oswal told that the cunning fraudsters had complete knowledge about the government agencies of the country. They also had good knowledge about the law. The fraudsters cheated him of crores of rupees by saying that they would save him from the case. He was repeatedly telling him that you are the owner of Vardhaman Group and you have a distinct identity in the country.
Police arrested one accused
The cyber cell of Ludhina police took immediate action after receiving the complaint and arrested one accused. Police officials said that raids are being conducted continuously to arrest the two other accused involved in the fraud. Meanwhile, it has also come to light that the police have recovered six crore rupees out of seven crores. The police claim that after the arrest of the other two criminals, one crore will also be recovered.
Digital Arrest : How Fear Turns Phone Calls into Fraud
