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A Bengaluru couple lost Rs 1.53 crore in an online trading scam, but recovered Rs 1.4 crore with police help.
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The scam involved a fake website and “mule accounts” used to launder money from the UK to North India.
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The police recovered the funds by tracing the money trail, freezing accounts, and coordinating with bank officials.
A couple from Bengaluru was cheated out of Rs 1.53 crore in an online trading scam. However, thanks to the quick action of the local police, they were able to recover Rs 1.4 crore of their lost money. The scammers had promised high returns on investment and used a fake website to make the scheme look legitimate.
The police were able to recover the funds by tracing the money trail and freezing over 50 accounts connected to the scam. They worked closely with bank officials to get the job done quickly. The police have warned the public to be cautious when dealing with online investment offers and to report any suspicious activity immediately.
The recovery of the funds is a significant achievement for the police, who have been working to crack down on cybercrime in the city. The case highlights the importance of being vigilant when investing online and seeking help from the authorities if something goes wrong.
