Mumbai Businessman Loses Rs 58 Crore in Massive Digital Arrest Scam with International Connections

Nov 12, 2025 12:16 pm CST

Maharashtra Cyber Department uncovers an international network behind a Rs 58 crore digital arrest scam targeting a Mumbai businessman. The fraud, executed by scammers posing as CBI and ED officials, operated through cryptocurrency transactions with links to Hong Kong, China, and Indonesia. Authorities estimate similar schemes have generated over Rs 2,000 crore through victim intimidation across India.