Unsuspecting victims in Karnataka lost Rs 465 crore to online fraudsters in just 1 year

News Network
April 1, 2024

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Cybercriminals and hackers siphoned off at least a whopping Rs 465 crore from people across Karnataka in 2023 alone, i.e., an average of Rs 1.27 crore per day, according to the latest data from the Criminal Investigation Department. 

Investigators foresee a “colossal” rise in new-age cybercrimes in the current year as fraudsters upgrade their game and adopt new ways to cheat.

The total money lost to cybercrimes in 2023 rose by a staggering 151% year-on-year and by 450% compared to 2021.

Cybercrooks pocketed Rs 185 crore in 2022 and Rs 84 crore in 2021. 

Karnataka last year reported 21,868 cybercrime cases. Bengaluru alone reported 17,623 of them. 

The most common money-spinning crimes were phishing, FedEx scams, investment and task completion frauds, according to MA Saleem, Director General of Police, CID, Special Units and Economic Offences. 

Police officers privy to cybercrime investigations last year say OTP and phishing frauds dominated the first few months of 2023 but as the year wound down, FedEx, investment and task completion frauds, and Aadhaar-enabled payment scams took hold. At the same time,  many victims fell prey to sextortion, loan app harassment and counterfeit websites.

While Bengaluru reported a lion’s share of cybercrimes, senior police officers believe the extent of cybercrimes in the state’s small towns and villages is grossly under-reported because many victims do not file complaints.

For example, Hassan reported just 100-150 cybercrimes and Tumakuru 250-300. 

Ashok KV, Superintendent of Police, Tumakuru, says most victims in rural areas are either unaware that they can file complaints in such cases or simply don’t realise the fraud. 

“In some cases, they lose small amounts of money and just let it go,” Ashok said, adding that the police are holding awareness programmes to educate people about the different types of cybercrimes. 

Hassan SP, Mohammed Sujeetha MS, notes that in Hassan, most cases are filed at town police stations, mostly by people having connections in Bengaluru. Two months ago, Hassan police launched an initiative called ‘Tereda Mane’ to bring police and people together and raise awareness about crimes. “We need to reach every last person but that’s a long way to go,” she said.

Another senior officer who spoke on condition of anonymity said young adults from rural areas hesitate to inform their elders and approach the police despite falling prey to cyber scams, especially if it’s of a sexual nature. 

Bengaluru North Deputy Commissioner of Police Saidulu Adavath, under whose watch police cracked the first-ever FedEx scam, pointed to the large number of mule accounts being operated from rural areas in Karnataka.

“We arrested four people in Davangere who had lent their identity documents for creating mule accounts that were eventually used to carry out the scams. They were lured with government schemes. People in rural areas are prone to creating mule accounts. It’s a trend,” he said.

Speaking at a recent conclave on cybercrimes, C Vamsi Krishna, DIGP, CID, noted that cybercriminals are increasingly using Malware as a Service (MaaS). He also believes AI can be used to carry out cybercrimes through malware. 

Another senior officer from the CID said fake websites had mushroomed all over the internet to carry out cybercrimes. “These websites have typos in their name but look legit. Cyber fraudsters use them to siphon off money from people booking travel tickets,” the officer said.

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News Network
November 11,2024

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Udupi, Nov 11: The Karkala town police in Udupi have arrested Krishna Naik, the sculptor responsible for installing a 33-foot Parashurama statue at Umikkal Hill in Bailur, Karkala taluk. 

Naik, the owner of Krish Art World and a resident of Bengaluru's Visvesvaraya Layout, was apprehended in Mahe, part of the Union Territory of Puducherry, for allegedly substituting a look-alike statue in place of a genuine bronze figure at the Parashurama Theme Park in Karkala.

Udupi Superintendent of Police Dr. Arun K confirmed the arrest, stating that Naik faces charges under Sections 420 (cheating) and 409 (criminal breach of trust) of the Indian Penal Code. 

This legal action followed a complaint lodged in June by Krishna Shetty, a resident of Nallur village, Karkala. Shetty claimed that Naik had received a payment of ₹1,25,50,000 from Udupi Nirmithi Kendra for the installation of a bronze Parashurama statue. However, Naik allegedly deceived the government by installing a replica instead.

The statue was unveiled on January 27, 2023, by then Chief Minister Basavaraj Bommai. Current Chief Minister Siddaramaiah has since ordered a CID investigation to probe deeper into the alleged fraud surrounding the statue's installation at the theme park.

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News Network
November 22,2024

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Bengaluru, Nov 22: For the second day running, the Karnataka BJP on Friday staged a statewide protest condemning the government’s alleged move to notify land of farmers as Waqf property.

The BJP staged a protest before the offices of Deputy Commissioners at district headquarters.

The BJP leaders are vehemently demanding that the state government cancel a 1974 Gazette notification in this regard.

The agitators are also demanding scrapping of the Waqf Board and the resignation of Chief Minister Siddaramaiah and Minister for Waqf and Housing Zameer Ahmad Khan.

The BJP MLAs, MLCs, MPs gathered in the premises of Freedom Park and staged a protest under the leadership of Leader of Opposition R. Ashoka and slammed the state government.

MLA T.S. Srivatsa led the protest in Mysuru and hundreds of party workers and farmers staged the protest under the leadership of former MP Pratap Simha in Kodagu.

Former MP Sumalatha Ambareesh led the agitation in Mandya.

This was the first time that Sumalatha took part in the party’s programme after the Lok Sabha elections.

State President B.Y. Vijayendra claimed, “The Congress government in Karnataka is issuing notices to farmers claiming the ownership of their lands to the Waqf Board and pushing them on the streets overnight.”

In the first week of December, three teams formed by the BJP will travel across the state and record the grievances of farmers.

“The state government is attempting to snatch away the lands belonging to temples as well,” Vijayendra alleged and added that the teams would comprise all senior leaders of the BJP.

Meanwhile, the police have taken Sri Ram Sena chief Pramod Muthalik into custody while staging a protest march to the office of Zameer Ahmad Khan in Bengaluru.

Muthalik along with Hindutva activists was planning to lay siege to Zameer’s office over the Waqf row.

The police stopped Muthalik and requested him to submit the memorandum by reaching the minister’s office in a vehicle. However, Muthalik refused to go with the police and continued his footmarch. The police took him into custody following arguments.

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News Network
November 21,2024

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After the US prosecutors charged Gautam Adani with bribery and fraud, Congress reiterated its call for a Joint Parliamentary Committee (JPC) probe into the transactions of the Adani group, and hit out at Prime Minister Narendra Modi, alleging an "internal nexus" between him and "his favourite businessman."

Senior Congress leader Jairam Ramesh said the indictment of Gautam Adani and others by the US Securities and Exchange Commission validates his party’s call for a Joint Parliamentary Committee investigation.

The Congress has been pushing for the probe since January 2023, raising concerns over alleged irregularities involving Adani and his business dealings, said Ramesh.

Ramesh referred to the party’s “Hum Adani ke Hain” series, where 100 questions were raised about the alleged scams and the links between Prime Minister Narendra Modi and Gautam Adani.
He noted that the questions remain unanswered, reiterating the need for accountability in the matter.

The US prosecutors have charged Adani with deceiving investors by concealing information about his firm's solar energy project in India, which allegedly involved bribery.

Adani has been charged with securities fraud and conspiracy, according to an indictment unsealed on Wednesday. The case focusses on an agreement between Adani Green Energy Ltd. and another organisation to supply 12 gigawatts of solar power to the Indian government.

'BETRAYAL OF INDIAN INVESTORS'

Congress leader Pawan Khera described the allegations against Gautam Adani and his conglomerate as a “betrayal of Indian investors.”

Taking to X, Khera outlined the US charges, including claims that Adani’s group bribed Indian government officials between 2020 and 2024 to secure contracts. Citing media reports, he also pointed out that Gautam Adani personally met a government official to advance the scheme.

Khera referred to a March 2024 incident where the Adani Group allegedly misled the Bombay Stock Exchange and the National Stock Exchange, calling it a “grave violation of investor trust.”

He further highlighted a March 2023 FBI raid on the premises of Sagar Adani, Gautam Adani’s nephew, where electronic devices were seized as part of the investigation.

'SEBI NOT ABLE TO PROVE ANY CHARGES AGAINST ADANI'

Shiv Sena (UBT) leader Priyanka Chaturvedi criticised central probe agencies following US charges against Gautam Adani and others in an alleged bribery case linked to solar energy contracts.

Chaturvedi raised concerns about corporate governance and regulatory oversight in the country. “They talk about corporate governance, responsibility, and accountability. The industrialists should be asked to follow the rules and regulations, but even the agencies were defending him. The SEBI has not yet been able to prove charges against him,” she said, pointing to what she viewed as failures in ensuring accountability.

'BROUGHT DISREPUTE TO INDIA'

On US charges against Gautam Adani, AAP leader Sanjay Singh called for a probe against the industrialist. He said that the probe should be conducted by an investigation agency under the Supreme Court.

"Adani Group has brought disrepute to India. This is a very serious matter. The PM of India should come forward and answer this. All the pending matters against Adani should be probed by an investigation agency under Supreme Court monitoring, and all the corruption done by him, within and outside the country, should come out before the country and action should be taken against him," he said.

BJP DFENDS

BJP IT cell chief Amit Malviya responded sharply to the Opposition’s criticism regarding allegations involving Adani Green Energy and US-based Azure Power. He pointed out that the charges in the indictment are only allegations and emphasised, “The defendants are presumed innocent unless and until proven guilty.”

Malviya argued that the crux of the case concerns agreements to supply 12 GW of power to the Solar Energy Corporation of India (SECI), contingent on SECI securing power purchase agreements with state electricity distribution companies (SDCs).

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