The searches, carried out in connection with FIR No. 17/2025 registered by the Goa Cyber Crime Police Station, resulted in the seizure of Rs 80 lakh in cash, foreign currency worth Rs 1.24 crore, gold valued at Rs 1.3 crore and documents related to immovable properties worth around Rs 14 crore. The agency also froze more than 400 bank accounts suspected to have been used to channel the proceeds of crime and recovered around 100 rubber stamps of shell companies.
According to the ED, the victim was contacted through multiple phone calls and WhatsApp messages by fraudsters impersonating officials of the Telecom Regulatory Authority of India (TRAI) and the Central Bureau of Investigation (CBI). The accused allegedly threatened the victim with a fabricated "digital arrest" and coerced the transfer of funds.
