Kolkata Businessman Falls Prey To Cyber Fraud, Loses Rs 2.3 Crore: Report
Kolkata Businessman Falls Prey To Cyber Fraud, Loses Rs 2.3 Crore: Report
Saurav Tibrewal, a businessman from Kolkata lost Rs 2.3 crore to cyber fraud.

Incidents of cyber crimes often grab the headlines as people lose their hard earned money by falling prey to online fraud. Also, there are less chances of recovery in such cases, however, a businessman in Kolkata was lucky enough to get back Rs 1.2 crore just six days after being duped of Rs 2.3 crore by cybercriminals.

Saurav Tibrewal, a businessman from Belur, lodged a complaint on December 22 last year after he lost Rs 2.3 crore to cyber fraud. In less than a week’s time, he was able to get back half of the amount by Howrah City Police, The Times of India reported.

“While arresting a crime is necessary, equally important is to recover the money and hand it over to the victims and that is where our officers are taking extra efforts to settle the cases with court permission,” the national daily quoted a senior official as saying.

In his complaint, Tibrewal said the fraudsters managed to convince him that he could invest in the stock market and would earn huge profits.

Later on, the businessman was asked to install a ‘stock trading app’ and was regularly advised to invest. The mobile app kept reflecting his investments and profit as claimed by the scammers, the victim felt suspicious when he tried to withdraw money from his alleged DEMAT account on December 14.

As per the TOI report, the businessman was denied permission to withdraw the amount until he paid 30% commission to the scammers.

“Growing suspicious, he came to the police station and registered a complaint. His complaint was immediately registered on the NCCRP portal at the cyber kiosk. Our officers were able to trace the account and freeze it before recovering Rs 1.2 crore and returning the same to the victim. The process is on to recover the rest of the amount,” the report quoted the police official as saying.

The businessman has thanked police for helping him get back a chunk of the total amount in a quick time.

Recently, veteran actor Rakesh Bedi was duped of Rs 85,000 by a cyber fraudster, who posed as an Army officer. The accused obtained the actor’s contact from a housing portal where he advertised his Pune flat for sale.

In addition, ‘Newton’ and ‘Kaun Pravin Tambe?’ fame actor Anjali Patil was duped of Rs 5.79 lakh by a fraudster, who posed as a Mumbai Police officer.

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