Mumbai man loses ₹58cr in biggest digital arrest scam
A 72-year-old businessman from Mumbai lost ₹58.13 crore in one of India's biggest digital arrest scams.
Posing as TRAI and law enforcement officials, scammers staged fake court hearings and police interrogations over video calls, convincing the victim and his wife to transfer money from four banks into multiple accounts—all while watching every move.
Gang used over 6,500 mule accounts to launder money
The fraud began after the victim received ₹50 crore from selling shares, which made the fake investigation seem believable.
The couple realized it was a scam after about 40 days and went to the police 11 days later.
Maharashtra Cyber police have arrested seven suspects so far.
The gang used over 6,500 mule accounts across 13 layers to launder money; investigators have managed to freeze ₹3.5 crore but most funds are still missing.