Cyber financial fraud of around 24 lakh rupees

776 votes

There are Various legal Remedies to deal with it . Rest depends on matter. feel free to Contact for further advice and assistance Thank You Regards Advocate Kuber Hooda Punjab and Haryana High Court Delhi High Court

Advocate Kuber Hooda LawRato

603 votes

Based on the facts stated, the matter clearly reflects a case of online investment fraud and impersonation. Freezing of accounts after registering a complaint on 1930 (National Cyber Crime Helpline) is a precautionary measure taken by the authorities to prevent further diversion of funds. However, release of the frozen amount is not automatic and requires legal procedure. First, ensure that your complaint has been converted into a formal FIR either through the Cyber Crime Reporting Portal (cybercrime dot gov dot in) or at the jurisdictional cyber police station. Obtain the FIR number and details of the Investigating Officer (IO). Second, submit a written claim application to the IO along with all supporting documents, including bank statements, UTR numbers of transfers, screenshots of the trading platform, details of advertisements, chats, emails, and identity proof. This establishes your rightful claim over the frozen funds. Third, an application must be filed before the jurisdictional Magistrate seeking release of the frozen amount under Section 451/457 CrPC (corresponding provisions under BNSS, 2023). The court, after considering the IO’s report, may order partial or full release of the amount. Simultaneously, follow up with your bank and submit copies of the FIR and court application. Recovery depends on availability of funds in the frozen accounts and court approval.

Advocate Poonam Malik LawRato

784 votes

In this case, the frozen amount can only be claimed through the concerned court. We will first have to move an application before the concerned court, after which notices will be issued to the investigating officer and the concerned banks. Once the process is completed, the amount will be released in your favour.

Advocate Sumegh Garg LawRato

672 votes

In this scenario, a CRM petition can be filed before the Area Judicial Magistrate to release the amount put on hold by the National Cyber Crime Portal, Also you should file a written complaint in the Cyber Crime Police Station so that culprits can be arrested and intorrogated to the effect of recovery of the entire amount.

Advocate Joginder Parsad Singla LawRato

660 votes

follow the police investigation process. Either the police will get the amount revert to your account or applied in the concerned court for revert the money where police will reply and you came to know the stage of police process.

Advocate Ashish Deswal LawRato