Hyderabad Cybercrime police detect frauds in investment, FedEx parcel; arrest two persons

HYDERABAD: The Hyderabad Cyber Crime Police have apprehended two individuals involved in separate cases of cyber fraud, exposing intricate schemes preying on innocent victims.

In the first case, Shruti Mayur Bafna, operating under the proprietorship firm Tenex Investment and Trading, was arrested for purchasing bank accounts from mediators to facilitate fraudulent transactions. Fraudsters deposited amounts into these accounts, earning her a one percent commission, in addition to an extra 10 to 15 percent commission. The total amount received in both accounts is approximately Rs 3 crores, for which she received 10 to 15 percent commission. These two accounts were implicated in 25 cases, with three registered in Telangana State. The Cyber Crime Police cracked the case following a complaint from a victim, a resident of Padmarao Nagar in Hyderabad, who was cheated of Rs. 21.07 Lakhs through deceptive online job offers.

Simultaneously, the Cyber Crime Police arrested Javed Nawab Yakub Khan in connection with providing bank accounts to cyber fraudsters. Khan colluded with scammers who deceived a victim into sending Rs. 8,74,998 under the false pretence of customs clearance for a parcel stuck in transit.

The police registered a case and investigated both incidents, emphasizing the need for public caution regarding online fraud.

Joint Commissioner of Police (Crimes & SIT) A.V. Ranganath, along with DCP Cyber Crimes D. Kavitha and ACP Cyber Crime R.G. Siva Maruthi, led the investigations. The Joint Commissioner issued a cautionary statement advising the public to remain vigilant against fraudulent online schemes promising high returns.