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Bengal industrialists and family members under investigation in cyber crime worth Rs 300 crore

Justin, 10/11/202510/11/2025

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Kolkata, November 10 (IANS) An industrialist is under investigation by the Bengal Police in a cyber crime case worth Rs 300 crore. Sources said on Monday that more than a thousand people across the state and country have become victims of fraud in various ways, including through fake investment apps.

Police have received a complaint that a part of the fraudulent money was transferred through the bank accounts of the industrialist, his company and family members in Kolkata.

Recently its investigation was started. The police are verifying the information before taking any concrete action.

A police officer said detectives also visited the industrialist’s house in the city to investigate. The police are also questioning some of the industrialist’s family members and some officials of his company in connection with the allegations.

Sources said sleuths found that cyber fraud was carried out by using social media in the name of investment, sometimes by threatening to arrest people in the name of digital arrest and in many other ways. More than a thousand people in the country and the state have fallen into the trap of cyber fraudsters and hundreds of crores of rupees earned through fraud have gone into the accounts of many companies.

According to the police, cyber fraudsters send huge amounts of money to certain accounts, which are transferred to other accounts. It is alleged that these ‘other’ accounts were created in the name of fake companies.

Detectives also received information that a portion of the crime proceeds were smuggled abroad through cryptocurrency. Police claim that during this investigation they came to know about a private organization.

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There are 11 accounts in the name of that organization and some of its branches. A large number of transactions were found in those 11 accounts. During the investigation, the police alleged that transactions worth Rs 97 crore were made from these 11 bank accounts alone. Police have information that 544 cyber crimes are related to this across the country. The police is investigating whether the industrialist and his family members and organizations have any connection with that money.

Police have further received complaints that money in at least 23 cyber fraud cases has been siphoned off through the accounts of industrialists and their family members.

Initially the names of 147 companies came forward. Of these, 73 companies have their addresses in Barabazar area of ​​central Kolkata. The addresses of the remaining offices are in other parts of the city. Detectives allege that so far around 1400 fake companies have been detected across the country in the cyber fraud case of Rs 300 crore.

–IANS

sh/dpb

India News Bengal Policecyber crimecyber fraudDangerfake investment appsfinancial crimeindustrialistinvestment scammoney laundering

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