Headline
Textile Baron SP Oswal was Scammed in a Fake hearing of the Supreme Court, Rs 7 Crores recovered.
Summary
Chairman of the Vardhman Group,SP Oswal, was scammed by cybercriminals who staged a fake hearing of the Supreme Court, impersonating Chief Justice DY Chandrachud. Oswal was tricked into transferring Rs 7 crores, later which was recovered by the Punjab Police.
Key Facts
- Complainant: SP Oswal, Chairman of Vardhman Group
- Scammers impersonated Chief Justice DY Chandrachud during a fake Supreme Court hearing via Skype social media portal.
- SP Oswal was told to deposit Rs 7 crores into a “secret supervision account.”
- Punjab Police retrieved the swindled money on 30th September 2024.
Legal Insights
The case shows an increasing trend in ‘digital arrest’ scams, where criminals imitate judges and officers through Skype and WhatsApp, pressuring victims into transferring heavy sums of money.
Impact
This incident highlights the urgent need for stronger cybercrime enforcement and public awareness. The Indian Cyber Crime Coordination Centre has blocked 1,000 Skype IDs used in scamming like similar incidents.
Why It Matters
With cyber fraud becoming more worldly, this case stresses on the importance of digital literacy and vigilance, mainly in legal proceedings, to stop such scams from affecting more individuals.
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