Here’s How Mumbai Police Recovered Rs 100 Crore from Cyber Fraudsters, Addressed 35,918 Complaints

Mumbai: In a significant achievement, the Mumbai Police announced on Sunday that they have recovered Rs 100 crore from cyber fraudsters from January to July of this year. This recovery is the result of extensive efforts over the past seven months. The money belonged to numerous victims who had fallen prey to various cyber scams. It is worth noting that in same time period, over Rs 650 crore was lost by the victims.

Deputy Commissioner of Police (Crime Branch) Dutta Nalawade stated that the police acted on 35,918 complaints of cyber fraud. These complaints included cases related to share trading, courier calls, investment schemes, threats of digital arrest, and online transactions. Victims had reported these incidents to the Mumbai cyber police through the helpline number 1930.

Digital Diagnosis: Guwahati Doctor’s Rs 2 Crore Cyber Fever Treated by CID

DCP Nalawade highlighted the importance of the helpline number 1930, urging people to use it to report any financial cyber fraud-related complaints. He emphasized that the helpline has become a lifeline for many victims. The police response involves three officers and 50 constables working in shifts to contact banks and their nodal personnel to halt fraudulent transactions promptly.

Sources indicate that the FIR conversion rate for complaints on the 1930 helpline in Maharashtra is less than 1 percent. In 2021, Maharashtra reported 1,26,811 online complaints, with only 950 FIRs registered (a conversion rate of 0.75 percent). In Rajasthan, 91,033 complaints were reported, and the FIR conversion percentage was a mere 0.26 percent. Additionally, it is not clear whether the recovered Rs 100 crore has been repatriated to the source accounts of the victims or is currently on hold in banks.

The Mumbai Police have also frozen the accounts of the accused to prevent further transfers. Despite these efforts, DCP Nalawade warned that cyber fraudsters are continually adopting new methods to trap and extort money from unsuspecting individuals.

The DCP urged the public to remain vigilant and report any suspicious activities immediately. This proactive approach by the Mumbai Police is a critical step towards curbing cybercrime and protecting citizens from financial losses.

Follow The420.in on

 Telegram, Facebook, Twitter, LinkedIn, Instagram and YouTube