A gang of inter-state cyber fraudsters who duped Vardhman Group chairman SP Oswal of ₹7 crore. Two cyber criminals have been arrested and ₹5.25 crore have been recovered from them, Punjab Police said, while seven other members of this gang have been identified. All the nine members of the gang belonged to Assam and West Bengal, the police informed.
A gang of cyber fraudsters scammed SP Oswal of ₹7 crore. Two arrests were made, recovering ₹5.25 crore, while seven others are identified. The fraudsters posed as CBI officers, threatening SP Oswal with a fake arrest warrant.
{{^htLoading}} {{/htLoading}}
SP Oswal was cheated by fraudsters when they got ₹7 crore withdrawn from various bank accounts belonging to the industrialist. Police said that one of them introduced himself as a CBI officer and showed the industrialist a fake arrest warrant and threatened him with digital arrest.
The cyber cell of the police registered the case on the complaint of SP Oswal and the accused have been identified as Atanoo Choudhary and Anand Kumar Choudhary (both residents of Guwahati in Assam), the police said.
This is the second such incident within a week as earlier a local industrialist Rajnish Ahuja was duped of ₹1.01 crore by some fraudsters who threatened him with an arrest warrant after claiming that an extortion amount was transferred to his bank account.
{{/usCountry}}
{{#usCountry}}
This is the second such incident within a week as earlier a local industrialist Rajnish Ahuja was duped of ₹1.01 crore by some fraudsters who threatened him with an arrest warrant after claiming that an extortion amount was transferred to his bank account.
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.
Home/Business/Vardhman Group chairman SP Oswal duped of ₹7 crore, fraudsters posed as ‘CBI’
{{^htLoading}}
Advertisement
{{/htLoading}}
SHARE THIS ARTICLE ON
{{#usCountry}}{{/usCountry}}
Hindustantimes wants to start sending you push notifications. Click allow to subscribe
