THE GOAN NETWORK
PANAJI
The Cyber Crime Police Station on Tuesday arrested a senior citizen from Karnataka in a Rs 1.02 crore cyber fraud case. The accused, identified as K Krishna Murthy, aged 63 years and a native of Karnataka, is also booked in five other cyber fraud cases registered in three other states.
Superintendent of Police (Cyber Crime) Rahul Gupta told reporters that the accused is charged with inducing his victim - a resident of Old Goa - to invest in a fraudulent trading scheme named ‘ASK Smart Prospect Y5’, promising high returns. Murthy, using multiple mobile and WhatsApp numbers manipulated the victim into transferring the said amount to various bank accounts.
“Following an in-depth investigation and financial analysis, a suspect was identified. A police team proceeded to Shivamogga, Karnataka, and arrested him,” the officer said.
During interrogation, the accused confessed to receiving Rs 5 lakh from the defrauded amount into his bank account which he subsequently transferred to his associates.
The accused had opened a current account under the firm name “Bappa Machine Pvt. Ltd”, which is also involved in five cyber complaints in three different states amounting to a total of Rs 6.5 crore.
