Veteran Indian businessman also scammed online, lost 20.5 billion VND

According to Livemint newspaper on September 30, the fraudsters posed as officials from India’s Central Bureau of Investigation (CBI) to approach Mr. SP Oswal, Chairman of Vardhman Textiles Group. The group issued a fake arrest warrant, claiming that he was under investigation in a money laundering case and threatened to arrest Mr. Oswal.

Mr. SP Oswal, an Indian businessman, was scammed out of 20.5 billion VND.

PHOTO: HINDUSTAN TIMES SCREENSHOT

The suspects also impersonated Chief Justice of the Supreme Court of India DY Chandrachud and held a fake court hearing via Skype. The group claimed that Mr Oswal was being monitored via Skype and was not allowed to leave his home. They also provided some documents about Mr Oswal’s surveillance and said that if he disclosed them, he would be imprisoned for 3-5 years.

The 82-year-old businessman then transferred 70 million rupees to the fraudsters using various bank accounts of the group on August 27. On August 29, Mr. Oswal told a colleague about the incident and only then realized that he had been scammed, according to the Hindustan Times .

Mr Oswal filed a complaint and the police launched an investigation, identifying several members of the gang. Seven of them have been identified and are believed to be based in the states of Assam and West Bengal.

Two of the suspects have been arrested and authorities have recovered Rs 52.5 million, according to a statement from Punjab police.

The two were arrested after Punjab police raided the group's headquarters on September 29.

The two main suspects are Atanoo Choudhary and Anand Kumar Choudhary, both from Guwahati city in Assam state. Both are involved in a cross-state online fraud network that has duped many other businessmen.

Nearly a week ago, businessman Rajnish Ahuja was duped of Rs 10.1 million using a similar tactic. According to news agency PTI, the fraudsters threatened Mr Ahuja with a fake arrest warrant and asked him to transfer the money to their account.

Source: https://thanhnien.vn/doanh-nhan-ky-cuu-an-do-cung-bi-lua-online-mat-205-ti-dong-185241001160304036.htm