The Telegram & WhatsApp task fraud is very well known because of the large stakes and the large number of victims.
The modus operandi of the scam is that the criminals lure the victims through WhatsApp and Telegram. Initially, the victims are asked to invest smaller amounts ranging from ₹1,000 to 10,000 on the pretext that they would earn ₹1,000 to 5,000 per day as a profit. The victims get small sums as reward which reinforces their confidence in the scheme.
Thousands of victims have invested money ranging from ₹one lakh to 10 lakh or more, he said. When the victims ask for a return of their funds, they are blocked.
The HT reported that the Central Crime Branch (CCB) of the Bangalore Police busted a ₹854 crore cyber fraud scam and arrested six people who allegedly cheated thousands of victims across India on the pretext of an investment scheme.
The accused — Manoj, Panindra, Chakradhar, Shrinivas, Somashekar and Vashanth — are all residents of Bengaluru.
The three other accused, alleged to be the masterminds behind the fraud have been identified, police said, adding efforts are being made to apprehend them.
Out of the total cheated amount, ₹five crore had been frozen, police said, adding that in Bengaluru aloan, the victims were cheated of ₹49 lakh.
The investigation has revealed that 5,013 similar cases of cyber investment fraud have been registered across the country. Out of which, in Bangalore city aloan, 17 such cases have been registered at different police stations here.
“The cheated amount of ₹854 crore has been transacted by the accused to 84 different bank accounts. Out of the total cheated amount, ₹five crore has been frozen,” the Police Commissioner stated in a press conference.
The CCB had been working on the case for three months, police said, adding that using technical surveillance and other vital leads, they managed to track down the culprits.
The money invested by the victims was dumped into different bank accounts through online payments. However, after completing the investment process, when the victim tried to withdraw the amount, they never got any refund, the officer said.
Once the amount was collected, the accused diverted the consolidated money to mule accounts (related to money laundering).
The total amount of ₹854 crore was dumped into various online payment modes through crypto (Binance), payment gateway and gaming apps among others.
According to the police, the 84 bank accounts in which the cheated amount was transferred were opened in different states. Some of these accounts were opened using fake addresses and identities. They also used genuine bank accounts of some people and paid them commission for the same.
All the six accused arrested played different roles. Some of them were tasked to identify and approach their targets through WhatsApp and Telegram, while the job of others was to arrange bank accounts for depositing and transferring the cheated amount.
Several equipment like laptops, mobile phones, printers, and swiping machines were recovered from the accused gang.
I am also suffering from such scam I am at the state to commit suicide please help me to get out of this situation
File a cyber complaint at https://cybercrime.gov.in/
does it really helps?
How are you now? Did you receive your refund now? I am also a recent victim of this money scam. I also file a case. Hope it will end soon and receive a positive response. I wish you are doing well now.
I have faced the same scam in September and still I am interacting with the receptionist
Hii did u get back your money I want to know because I’m also traped into this scam.. please reply
File a cyber complaint at https://cybercrime.gov.in/
Have you got it your money
I too am a victim of this scam faced and still I am interacting with the receptionist, finance, teacher & many more to name
File a cyber complaint at https://cybercrime.gov.in/
I have same happened 2 September telegram task I lost my money 2 lakh around
I want to help in this matter. Today I saved myself from falling into this scam.
Will that telegram group help in catching them?
If yes then I want to help in this.
Mam I am also victim of same type of fraud,it’s flightnetwork
I have already lost 6.35 lacs
Help me
how will u help pls help me i too got scammed
Yes mam
I lost 3,71,000 and also lodged a cyber complaint. and they are asking for additional 2,56,920 to withdraw all money. I borrowed money from friends & family. and they are still active on telegram. please help.
File a cyber complaint at https://cybercrime.gov.in/
Yes
Please help me my 171300 is stuck with them
I lost 24,27,261 and also lodged a Cyber complaint. I paid all this money hy taking JUMBO Loan, I started loan, gold loan and borrowing from family. I am drown in debt. They again asked me to pay 10,00,000 to do withdrawal and are still active on Telegram
same Situations for me too..
status of the cyber complaint?
Asak did u got back ur money
share the link of telegram channel
Mam please help me
I am also a victim of this scam.
Paid 49000 to the scammers. Now they are telling me to give more 50k to withdraw it..
Please help.. This fraudsters are in mask as a receptionist teacher and so on.
Hi Aman
I also suffered from same scam in September 2023 and lost Rs 3000.
I lost 11,72,270 and also lodged a Cyber complaint. I paid all this money by taking Loan, I started loan, gold loan and borrowing from family. I am drown in debt. They again asked me to pay 4,00,000 to do withdrawal and are still active on Telegram
I lost 3,71,000 and also lodged a cyber complaint. and they are asking for additional 2,56,920 to withdraw all money. I borrowed money from friends & family. and they are still active on telegram.
Even I lost huge amount of money from this website ” bulkser.com” . Please help to refund our money .
I also losed 16000 rs in this scam .
For withdraw money asked me 30000 rs pay to merchant………
Same for me also, still asking money, govt should take some strict action against them
I am the victim too lost 1,30,000 and still facing issue and they are asking for the money and threatening in what’s app for money.
I am lost 130000 money to scam in teligram USDT code sded froud company wats app and teligram
Please return my money. Do I have 80 thousand? Please return my money.
I have also invested in the telegram stating to that you can earn money like3000-5000 by doing the simple task but I lost my money in investing in the task like 80,000/- i gave complaint in online cybercrime.
Mumbai police should arrest them. Our company is a subsidiary of Binance. Please follow Binance for details. Our company expects to launch this product in mid-June next year.
USDT code: SIDA
Address: USDT Gate No 2, Plant 6, Godrej & Boyce Compound, Lal Bahadur Shastri Marg, Godrej and Boyce Factory Rd, Pirojshanagar, Vikhroli, Mumbai, Maharashtra 400079
India
https://maps.app.goo.gl/P4Pv43163jHjHnG38
This is the address of our company. You can come and inspect it when you have time. Amazon cooperates with our company, and the offices they use are rented from our USDT mall.
Plzhelp me I am also losses my money.still they active in telegram plz stop them many middle class person will affect
I have lost 100000 rupees by the same way . I also trying to commit suicide. Please do needful to get the money back. This big scam should be punishable they should be attested and get severe punishment. Can’t hear the pain of losing the whole money in single day of tasks .
Same happened with me.I was added randomly on a WhatsApp group which gave a sample task of review writing. I did so without much thinking as writing is my interest. They pay small amounts like 50,150(baits ofcourse). For that they ask for bank details. After that they added to a telegram group Googlemaps something which turned out to be a cryptocurrency task. I was lured into it thinking it is something for content writing. Then they started forcing for advance payments. Although I was saved from any major loss but I still want to bring this to the notice of other gullible prospects so that noone falls for this trap.