A 52-year-old man working in the tech industry lost Rs 2.24 crore to cyber fraudsters who swindled him by posing as Delhi Customs and Narcotics Control Bureau officials.
According to the police, the 65-year-old resident of Kasturba Nagar on Mysuru Road was conned after she purchased milk from an online grocery delivery service on March 18.
The Bengaluru police found out that a few engineering students had bought iPhones and other high-end goods worth over Rs 20 lakh and obtained refunds by falsely claiming to have returned them.
Cyber fraudsters allegedly lured Lokappa Uttangi, attached to the Chamarajpet police station, with the promise of substantial returns on online investments in a private company.
The Cyber Economic and Narcotics (CEN) police, which arrested the gang members from Maharashtra, Gujarat and MP, estimate that they carried out fraud to the tune of Rs 70 lakh.