Financial fraud crackdown in 2025: Cyberabad EOW attaches Rs 11.5 crore, freezes Rs 26 crore

Hyderabad: The Economic Offences Wing (EOW) of Cyberabad Police has intensified its crackdown on white-collar crimes in 2025. The police said they have uncovered large-scale investment and real estate fraud that duped thousands of unsuspecting victims.

While the total amount frozen during the year showed a marginal decline compared to 2024, the value of attached properties more than doubled, underlining a sharper focus on asset recovery and victim restitution.

How did Cyberabad Economic Offences Wing perform this year?

Cases Registered:

2024 – 90 | 2025 – 95

Accused Arrested:

2024 – 203 | 2025 – 111

Amount Frozen:

2024 – Rs 30.77 crore | 2025 – Rs 26.17 crore

Value of Property Attached:

2024 – Rs 5.29 crore | 2025 – Rs 11.50 crore

Addressing a press conference at his office after unveiling the Cyberabad Annual Report-2025 here on Tuesday, Cyberabad Commissioner of Police Avinash Mohanty said the reduced number of arrests in 2025 did not dilute enforcement, as investigations increasingly focused on tracing proceeds of crime and attaching assets acquired through fraud.

Key fraud cases booked in 2025

1. Fraudulent Real-Estate Schemes: AV Group

AV Infracon Pvt. Ltd. allegedly projected itself as a reputed real-estate firm and floated multiple fraudulent schemes, including Investment, Buy-Back and Pre-Launch offers. Claiming a turnover of Rs 1,000 crore, the accused reportedly collected Rs 22.55 crore from investors.

Arrests : 3 accused

Amount frozen: Rs 2.79 lakh

Property attached: Rs 1.17 crore

2. Rs 850-crore high-return investment scam: IIT Capital Technologies & AV Solutions

In one of the biggest cases handled by the EOW, the accused linked to IIT Capital Technologies allegedly collected nearly Rs 850 crore from around 3,500 investors by promoting fake stock-market prediction software.

Victims were lured with assurances of a fixed 6 per cent monthly return and shown a fabricated virtual dashboard displaying fictitious profits.

Arrests: 3 accused

Amount frozen: Rs 3.06 crore

Properties proposed for attachment: Rs 12 crore

3. Plot investment cheating case: Sri Nandhan Infra Developers

The accused in the case allegedly collected about Rs 60 crore from 150 investors for plot investments, promising regular interest payments and timely registrations. While a few plots were registered, the remaining commitments were allegedly dishonoured.

Arrests: 5 accused

Amount frozen: Rs 2 crore

4. Textile trade used as front for benami deals: Sri Sai Ram Enterprises

Across four interconnected cases, the accused posed as genuine textile dealers and allegedly used forged GST and TDS receipts along with fake purchase orders to induce investments through Pekeru Traders.

After paying small initial returns, the funds, totalling Rs 41.91 crore, were allegedly diverted into benami real-estate transactions.

Accused: 2 (PT warrants regularised)

Assets frozen:

- Gold: 7 grams

- Silver: 5,475 grams

- Cash: Rs 1.12 lakh

Focus on tracing money trails

The Cyberabad CP said the investigations are ongoing to identify wider financial networks, shell entities and benami assets linked to these frauds.

He also reiterated that EOW’s priority is to freezing proceeds of crime and attach properties to facilitate recovery for victims.

“The emphasis is not just on arrests, but on ensuring that ill-got assets are identified and secured,” he added.