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IIT-B Retiree Sheds 4 62 Cr in Fraud; 2 Arrested

Mumbai: Two Arrested in 4 62 Crore Cyber Fraudulence Targeting Retired IIT Staffer

Mumbai authorities have actually apprehended two individuals, Narendra Sinha and Gunjan Devkumar Dineshchandra, for their declared participation in an online scams scheme that defrauded a 74 -year-old retired IIT Bombay staff member of 4 62 crore.

  • Method Operandi: The target was persuaded through acting, with fraudsters posing as telecom officials and CBI officers.
  • Financial Loss: The target moved 4 62 crore between October 2025 and January 2026
  • Apprehensions: Sinha and Dineshchandra allegedly gave checking account for directing the ripped off cash.
  • Examination: The Western Region Cyber Cell is conducting even more examination to determine extra suspects.

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