Archive · 23 Sep 2025

Retired Banker Loses Over Rs 22 Crore in Digital Arrest Scam

Retired Banker Loses Over Rs 22 Crore in Digital Arrest Scam

A retired banker named Naresh Malhotra was tricked by scammers who pretended to be from the government.

They told him his identity was used for something bad and he had to give them money to fix it.

Over six weeks, he transferred about 22.92 crore rupees to different accounts because he thought he was under "digital arrest".

The scammers controlled his actions, even his everyday spending.

Now the police are trying to get the money back, but it's a difficult task since it was sent to many accounts.

Sources