Mumbai: Two Arrested in 4 62 Crore Cyber Scams Targeting Retired IIT Staffer
Mumbai police have nabbed two individuals, Narendra Sinha and Gunjan Devkumar Dineshchandra, for their affirmed participation in a virtual fraud system that defrauded a 74 -year-old retired IIT Bombay team member of 4 62 crore.
- Method Operandi: The target was pushed with acting, with defrauders posing as telecom authorities and CBI police officers.
- Financial Loss: The target moved 4 62 crore in between October 2025 and January 2026
- Apprehensions: Sinha and Dineshchandra presumably provided checking account for transmitting the defrauded money.
- Investigation: The Western Area Cyber Cell is performing further examination to identify extra suspects.