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process of release of money to Cyber fraud victim


31-Jul-2023 (In Cyber Crime Law)
I am a victim of Cyber fraud online where a large amount was removed from my bank account via Paytm without my knowledge and consent. I had immediately informed Bank,Paytm,Cybercell, raised FIR. The cybercell was able to hold 10% of the total fraud and informed me to collect from the police station where FIR is registered. What is the release process for online hold for the 10% amount and infuture for physical recovery of the rest of 90% amount from police for my money.
Answers (1)

Answer #1
690 votes
You have to file a return of property application before the local magistrate court stating that your local police station has held 10% of your total amount that you lost due to a cyber fraud. The Court will accordingly direct your local police station to deposit the same in court and you can withdraw the same.
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