Digital arrest: Uttarakhand STF busts cybercrime racket, arrests main accused in Bengaluru
Dehradun (PTI): Uttarakhand Special Task Force (STF) has busted a cybercrime racket by arresting the main accused from Bengaluru, an official said.
The prime accused has been identified as Kiran Kumar K S (31), a resident of Yelahanka, Bengaluru.
Kiran and his associate defrauded various people in Uttarakhand through digital arrest, the official said on Thursday.
STF Senior Superintendent of Police (SSP) Navneet Singh said that the gang was exposed during an investigation into a case in which cybercriminals defrauded people in Dehradun and Nainital districts of Rs 87 lakh by posing as law enforcement officers.
He said that the gang, posing as officers of the Greater Mumbai police force and the CBI, kept the victims under digital arrest for approximately 48 hours through video and voice calls on WhatsApp.
Singh stated that 24 complaints have been filed in various states across the country against the bank account used by the accused in the fraud, and suspicious transactions amounting to over ₹9 crore were found to have been made using the account.
He stated that a Dehradun resident had filed a complaint alleging that in August-September this year, unknown individuals digitally arrested him and forced him to deposit Rs 59 lakh online into various bank accounts.
Investigation revealed that Rs 41 lakh of the Rs 59 lakh was transferred on August 30 to a Yes Bank account in the name of Rajeshwari GAK Enterprises.
Its address was found to be in Bengaluru, while the mobile number associated with the account was found to be registered in the name of Kiran Kumar.
Kiran Kumar was subsequently interrogated in Bengaluru and, based on evidence recovered from him, including bank documents, a mobile phone, the SIM card used in the crime, and a laptop, he was arrested.
The investigation also revealed that Kiran Kumar has previously been booked in several cases at the Delhi and Kumaon Cyber Police Stations, as well as in other states across the country.
In addition, Rajeshwari Rani (40), an account holder of the controversial firm Rajeshwari GAK Enterprises, has also been served a notice under Section 35(3) of the Bharatiya Nyaya Sanhita.
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Rupee falls 9 paise to all-time low of 90.58 against US dollar in early trade
Mumbai (PTI): Rupee depreciated 9 paise to an all-time low of 90.58 against US dollar in early trade on Monday, weighed down by uncertainty over an India-US trade deal and persistent foreign fund outflows.
Forex traders said rupee is trading with a negative bias as investors are in wait and watch mode and awaiting cues from the India-US trade deal front.
At the interbank foreign exchange market, the rupee opened at 90.53 against the US dollar, then fell further to an all-time intraday low of 90.58 against the greenback, registering a fall of 9 paise over its previous close.
On Friday, the rupee had slipped 17 paise to close at an all-time low of 90.49 against the American currency.
Meanwhile, the dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.05 per cent lower at 98.35.
Brent crude, the global oil benchmark, was trading higher by 0.52 per cent at USD 61.44 per barrel in futures trade.
On the domestic equity market front, the 30-share benchmark index Sensex was trading 298.86 points lower at 84,968.80, while the Nifty was down 121.40 points at 25,925.55.
Foreign Institutional Investors sold equities worth Rs 1,114.22 crore on Friday, according to exchange data.
"FPIs continue to be in selling mode in equity and debt while RBI has been selling dollars to fund their long positions," said Anil Kumar Bhansali, Head of Treasury and Executive Director Finrex Treasury Advisors LLP.
