India law enforcement targets multi-crore fraud and impersonation scams

Law enforcement agencies in India are investigating multiple high-value fraud cases involving impersonation and digital assets. In a major international development, the FBI shared information with the Enforcement Directorate (ED) regarding a Hyderabad-based call centre scam that defrauded US citizens of approximately Rs 200 crore. The syndicate allegedly impersonated US security officials to coerce victims into paying money, often through cryptocurrency and hawala channels.

In separate incidents, Hyderabad police arrested four individuals for an alleged cryptocurrency extortion scheme involving Rs 7 lakh. Additionally, a saree businessman in Hyderabad successfully recovered Rs 1 crore after falling victim to a ‘boss impersonation scam’ via WhatsApp. The Cyberabad Cybercrime Police traced the funds to a suspect in Lucknow and managed to restore the full amount to the victim within ten days.

In Chennai, a 34-year-old man was arrested for allegedly cheating a family of Rs 26.5 lakh by promising fraudulent government jobs. The suspect reportedly used the proceeds to purchase land in Pallavaram.