An elderly businessman in Belagavi fell prey to a cyber fraud scam, resulting in a loss of Rs 15 crore. The fraudsters used a tactic known as “digital arrest” to deceive the victim. They falsely accused him of involvement in illegal financial activities and coerced him into transferring funds under the guise of verification.
Belagavi authorities have taken action by freezing the bank accounts associated with the accused individuals. The victim, trusting the fraudsters’ claims, transferred the money in multiple phases, only realizing the deception when the scammers became unreachable. This incident is part of a larger trend of digital arrest scams affecting individuals in Karnataka.
In response to the growing threat of cybercrimes, the Karnataka Home Department has reported significant financial losses due to digital arrest fraud. The state has witnessed a surge in such cases, with victims collectively losing hundreds of crores to fraudulent schemes. Authorities are intensifying efforts to combat these cyber fraud activities and recover funds for the victims.
