Hyderabad Cyber Crime Police Refunds Over ₹62 Lakh to Fraud Victims
The Hyderabad Cyber Crime Police have refunded a total of ₹62,46,900 to victims in 16 different fraud cases as of February 19, 2025.
According to the police, these cases involved different types of scams, including stock trading and investment fraud, FedEx and money laundering scams, loan fraud, and impersonation fraud.
In stock trading and investment scams, eight victims were tricked by fraudsters who promised high profits. Based on court orders, banks refunded ₹12,16,773 to the victims.
In FedEx and money laundering scams, six victims were cheated under false claims of digital arrests and fake money laundering investigations. The banks refunded ₹47,85,759 to these victims as per court directives.
In a loan fraud case, a scammer pretending to be a loan provider deceived one victim. A refund of ₹1,24,334 was issued. Another case involved impersonation fraud, where a company and its invoice were misused to cheat a victim. The victim received a refund of ₹1,20,221.
The refunds were processed following orders from Magistrate Anusha of the XII ACMM Court. The Cyber Crime Police, along with the concerned banks, ensured that the victims received their money back.
The police have warned citizens not to panic if they receive threatening video calls from fraudsters pretending to be officials from agencies like CBI, RBI, ED, Customs, Judges, Cyber Crime Police, Narcotics, FedEx, BSNL, or TRAI. They clarified that no government agency demands money through Skype calls or conducts digital arrests or inquiries.
Additionally, they cautioned people about fake investment groups on social media platforms like Telegram, WhatsApp, X, Instagram, and Facebook. These groups lure victims with promises of high returns and low risks. The police advised citizens to invest only through SEBI-approved apps and consult SEBI-registered financial advisors before making any decisions.
Victims of cyber fraud are encouraged to immediately call 1930 or file a complaint at cybercrime.gov.in.
