Category
🗞
NewsTranscript
00:00Can you please tell us how you have been caught?
00:02We had registered an FIR on Samagram Amdahar
00:06in which the victim had received a WhatsApp message
00:09in which it was told that if you invest in the stock market
00:12then you will have a strong profit and they will give you advice.
00:15And by saying this, an application was downloaded
00:17Initially, the victim was given money
00:19and then in the same application, when he was investing
00:21a strong profit was shown.
00:23By doing this, the victim had invested more than 80 lakhs
00:26and the profit was shown to be 7 crores.
00:28When the victim goes to withdraw money,
00:30this money is not withdrawn.
00:31In this way, the victim was fraudulent.
00:33In the investigation of this FIR,
00:35when we followed the money trail,
00:37some 6 crores amount of Hyderabad
00:39was transferred to Srinivasa Padmavati
00:41Co-operative Urban Bank.
00:43And in its analysis, we have caught two accused.
00:46One is Swami Ayyappa Naraulna
00:48and the other accused is Venkateshwar Rao, a banker.
00:51Swami Ayyappa is a retired army man
00:53and has been working in cryptocurrency for 3 years.
00:56One year ago, he had a contact with a Chinese person
00:59in Telegram.
01:00And for this Chinese person,
01:02he is working to convert different cryptocurrencies.
01:05And the other man, Venkateshwar Rao,
01:07Venkateshwar Rao and then Venky,
01:09he is the director of Srinivasa Padmavati
01:12Co-operative Urban Bank.
01:14And he is giving classes in crypto trading.
01:18So, he has opened an account in many people's bank
01:20in the name of cryptocurrency.
01:22This money, which he used to sell to the Chinese
01:25and this fraud money,
01:27was deposited in the account of such innocent people.
01:30And for these two people,
01:325-10% commission, whatever the turnover was,
01:34was taken from them.
01:36Sir, how many of our cases have been solved in this?
01:38Till now, it has come to our knowledge
01:40that these two people
01:42have used more than 109 accounts
01:44of this particular co-operative bank
01:46to deposit such fraudulent money.
01:48And in that, on the National Cybercrime Registration Portal,
01:51till now, 1,182 complaints have been received
01:53and 5 offences of our Ahemdabad Cybercrime have been detected.
01:57And we have arrested all 5 of them.
01:59Sir, has he come in contact with any other foreign gang?
02:02As I told you earlier,
02:04this entire share market investment scheme
02:07is happening from Cambodia
02:09and countries like Vietnam and Laos.
02:11In our case, the IP we got is from Cambodia.
02:13And Swami Ayyappa,
02:15the person who was in contact with Telegram,
02:17was a Chinese person,
02:18for whom it was necessary to convert the cryptocurrency.