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Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud

Mumbai businessman loses Rs 58 crore in ‘digital arrest’ fraud

by AIP Online Bureau | Oct 16, 2025 | Data, Eco/Invest/Demography, Risk Management, Technology

The victim transferred Rs 58 crore through RTGS in multiple bank accounts within a span of about two months.He later realised that he had been cheated and approached the cyber police with a complaint, the official said Mumbai: A 72-year-old businessman in Mumbai has...

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