Hyderabad: Quick action by ICICI bank, cybercrime officials save 2 victims from Rs 19.5 lakh online fraud

Hyderabad: On October 9, two fraudulent transactions amounting to Rs 19.5 lakhs were prevented due to the timely intervention of a bank official and a police official.

Head Constable Feroz of Cyber Crime Unit, Hyderabad City, with the assistance of deputy manager Saleha Begum of ICICI Bank, Nallakunta Branch, successfully prevented two separate fraudulent transactions involving Rs 19,50,000.

Case details

Sadula Srinivas, a resident of Warisguda on October 9, went to ICICI Bank to transfer Rs 9 lakhs to the accused’s/beneficiary’s account for payment in a stock trading fraud. The deputy manager became suspicious and alerted HC Feroz, who then counselled the victim and stopped him from making the payment to the scammer’s account. The victim had already paid Rs 3,00,000 to the fraudsters. HC Feroz further advised him to report the incident to the Cyber Crime Unit.

In the second case, Naveen Kumar Sandhyala, a resident of Adikmet, Hyderabad, went to ICICI Bank to transfer an amount of Rs 11,50,000 to the fraudster’s account as part of a digital arrest/money laundering fraud. Once again, the deputy manager grew suspicious and immediately contacted HC Feroz. He counselled the victim and prevented him from making the payment to the scammer’s account. HC Feroz also advised him to report the incident to the Cyber Crime Unit.

Both incidents reflect the vigilance and prompt action taken by the bank staff and the Cyber Crime Unit, ensuring that victims were saved from significant financial losses.

Public advisory

The Police Commissioner of Hyderabad City requested bank officials to keep an eye on suspicious transactions and fraudulent depositors. If any suspicious activity is noticed, it can be reported to the Cyber Crimes Unit, Hyderabad, or call 1930.