New Delhi, April 18 -- In a major strike against cyber-extortion, the Central Bureau of Investigation (CBI) conducted coordinated raids across five locations in Telangana and Andhra Pradesh on Saturday.
The operation resulted in the arrest of three individuals, including an Assistant Manager from IndusInd Bank, for their alleged roles in a high-stakes "digital arrest" scam that defrauded a senior citizen of over Rs.1.6 crore.
The crackdown follows a directive from the Supreme Court, signalling a zero-tolerance approach toward the rising tide of cybercriminals exploiting banking infrastructure.
The investigation centres on a sophisticated extortion tactic known as "digital arrest," where scammers impersonate law enforcement to keep vict...
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