Telangana Cybercrime officials have arrested two individuals involved in a massive ₹175 crore fraud. The accused, identified as Mohammed Shoeb Tauqeer (34) from Vijaynagar Colony and Mahmood Bin Ahmed Bawazir (43) from Moghalpura, were apprehended following a detailed investigation by the Telangana Cyber Security Bureau (TGCSB), as stated by Shikha Goel, Director of TGCSB.
The case, registered under Crime No. 28 of 2024, includes charges under Section 66D of the IT Act and Sections 318(4), 319(2), and 338 of the BNS Act. The investigation was initiated after the Cyber Security Bureau’s data analysis team flagged numerous complaints reported on the National Cybercrime Reporting Portal (NCRP) against six bank accounts in the State Bank of India (SBI) Shamsheergunj branch.