Following the digital arrest case of a 75-year-old retired engineer, the South-East cyber crime police arrested two men, including an industrialist from Hyderabad, who allegedly received the money in their bank accounts. The police also exposed the link of a casino in Sri Lanka to the cyber fraud which is being probed in detail.
The accused according to the police trapped the victim, posing as CBI and ED officials, and threatened to book him for money laundering three months ago, and forced him to pay ₹4.7 crore over a period of time. The accused even forced him to share property documents which they tried to use as collateral to get personal loans.
The police, based on a tip-off from their Chennai counterparts, approached the victim, who was not aware of the scam and was transferring the money to different accounts.
He had recently transferred ₹10 lakh to the account belonging to the driver of Ishwar Singh, a Hyderabad-based businessman.
Based on the information, a police team tracked down Ishwar Singh who confessed that he had gone to Sri Lanka to gamble in the casino with ₹25 lakh.
