NRIs Seek Protection for Investments, Petition Indian Embassies Worldwide
Bengaluru : In a significant global initiative, NRIs across the world have gathered at Indian embassies and consulates, urging for the protection of their investments and savings in India. This campaign marks one of the largest gatherings of NRIs post-independence.
The NRIs have organised themselves into groups, advocating for relief measures and highlighting their concerns. Their petition, presented at various locations, stresses on the point that approximately one out of every three NRIs has faced victimisation in India. They appeal to the Indian government for support, citing their substantial contributions to the nation.
The key request of the NRIs is the enactment of the NRI Protection Bill to address their concerns and safeguard their investments. This campaign began in Eastern Asian regions like Hong Kong and Australia, followed by petitions in the Middle East, Gulf nations, Europe, the US, and Canada.
Subhas Balappanavar, the international convenor leading the campaign, and his team visited seven consular offices in the USA. Balappanavar recounted his experience at the Indian consulate in San Francisco, stating that after some initial hurdles, they were able to meet consulate officials to submit their petition.
Meanwhile, Mohan Vel Thandapani, a member of the NRI Grievance group, visited the Indian consulate in Dubai. He mentioned that with Prime Minister Narendra Modi's upcoming visit to the Middle East as part of the 'Alhan Modi' campaign, where 55,000 NRIs have already registered, they aim to meet the PM and urge him to address the issue of protecting NRI savings and investments.
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Delhi Police busts Rs 300 crore international cyber fraud syndicate, arrests mastermind
New Delhi (PTI): The Delhi Police has busted a major international cyber fraud syndicate -- linked with over 2,000 complaints and scams worth over Rs 300 crore -- with the arrest of its alleged mastermind and 10 others, an official said on Sunday.
During the investigation, police uncovered a well-organised network operating across multiple states with links to international cyber fraud syndicates, particularly in Cambodia.
"We have so far identified over 260 bank accounts linked to more than 100 fictitious companies used to channel the proceeds of crime. The total number of complaints linked to the syndicate stands at 2,567," police said.
The key accused, Karan Kajaria, was apprehended at Kolkata airport on April 3 after a Look Out Circular was issued against him. He was brought to Delhi a day later for further investigation, Deputy Commissioner of Police (Crime Branch) Aditya Gautam said.
The case came to light following a complaint by a city resident, Sultan, who alleged that he was duped of Rs 31.45 lakh after being lured into an investment scheme.
Police said the victim was persuaded to download a fake trading application and invest money with promises of high returns. However, when he attempted to withdraw the profits, the application stopped functioning, and the group became inaccessible.
"An FIR was registered at the cyber police station in northeast and later transferred to the crime branch for a detailed probe," the officer said.
The syndicate created fake investment platforms and messaging groups to lure victims. They used mule bank accounts arranged through intermediaries and deployed malicious applications to capture sensitive banking details, including OTPs. Funds collected from victims were routed through a complex web of bank accounts and shell companies to conceal the trail, police said.
"Kajaria, who is believed to be the main coordinator, maintained direct links with foreign-based operators and facilitated the movement of funds through cryptocurrency channels,' the DCP said.
He acted as a bridge between Indian operatives and international cyber criminals. He was also involved in procuring mule bank accounts and sharing sensitive banking details via encrypted social media platforms, the DCP added.
Police said Kajaria frequently travelled abroad to establish and strengthen links with overseas fraud networks and had attempted to evade arrest by staying outside India.
Technical surveillance helped investigators trace the network to Kolkata, where several bank accounts and shell entities were found to be operating. Upon his arrival in India, Kajaria was intercepted at the airport and taken into custody.
During interrogation, he allegedly confessed to his involvement in the syndicate, police said, adding that accounts linked to his network were associated with more than 2,500 complaints registered on the National Cybercrime Reporting Portal and fraud of Rs 300 crore, the DCP said.
The investigation revealed that the syndicate had been active for the past four to five years and operated on a large scale across multiple states.
During the crackdown, police recovered 48 mobile phones, 258 SIM cards, multiple ATM cards and cheque books, four laptops, and several banking and KYC documents. Funds amounting to Rs 19 lakh have also been frozen. A total of 11 accused have been arrested in the case so far, police said, adding that further investigation is underway to identify other members of the syndicate.
