Cyber Fraudster Nabbed in Tehri for Rs 7 Lakh Scam

A cyber fraudster was arrested in Tehri district for defrauding a man of Rs 7 lakh. The suspect, Naveen Gangwani, was captured in Rajasthan and is held in 14-day custody. Allegedly, the money was laundered to associates and converted into Bitcoin, complicating police recovery efforts.

A cyber fraudster has been apprehended in Tehri district, accused of defrauding a man of Rs 7 lakh, officials reported on Monday. The alleged perpetrator, Naveen Gangwani, was caught in the Gandhi Nagar area of Sri Ganga Nagar, Rajasthan, on December 29, according to Tehri SSP Ayush Aggrawal.

The suspect has been placed under a 14-day judicial custody. A police case was initially registered against him on December 18 at the Narendra Nagar police station. During interrogation, the accused confessed to a network of accomplices involved in the deceit, with the stolen funds dispersed across various bank accounts.

Authorities highlighted a growing trend where cyber criminals are laundering money into Bitcoin, adding layers of complexity to recovery efforts. The conversion to cryptocurrency presents significant challenges for law enforcement in tracing and reclaiming defrauded funds.

(With inputs from agencies.)