Hyderabad Police arrests a person from Kerala in cyber fraud case. Hyderabad Cyber Crime Police has said that an accused has been arrested from Kerala in an online fraud case.
According to the police, 46-year-old Shabi N.H. To defraud innocent people, he along with cyber fraudsters was providing various bank accounts and also carrying out fraudulent transactions.
Hyderabad Police arrests a person from Kerala in cyber fraud case
The arrest was made during a police investigation following a complaint by a resident of Chikkadpally, Hyderabad. The complainant alleged that cyber fraudsters duped him on the pretext of investing in institutional trading to get huge returns and asked him to transfer Rs 18.60 lakh to the bank accounts provided by them.
Cyber crime police had registered a case under section 66 (c), (d) of the IT Act and sections 419, 420 of the Indian Penal Code and started investigation.
Police said accused Shabi and his friend Nishant connived with cyber fraudsters, who were operating from foreign countries including Dubai, Hong Kong and China and duped the public on the pretext of investing in institutional trading to get huge returns. Shabi had provided nine bank accounts to cyber fraudsters to defraud innocent people.
The cyber crime police arrested one on charges of providing several bank accounts operating fraudulent transactions and colluding with cyber fraudsters.#Hyderabad https://t.co/Lxi1eshQnl
— The Siasat Daily (@TheSiasatDaily) March 3, 2024
What is Cyber Crime? : Punishment for Cyber Crime
Cybercrime refers to any illegal activity that is carried out using a computer or a network. This can include hacking, phishing, identity theft, fraud, spreading malware, cyberstalking, and more. Cybercrimes can cause significant financial and personal damage to individuals, businesses, and even governments. They can lead to data breaches, financial losses, reputational damage, and even physical harm in some cases.
Cybercrime can be broadly categorized into two main types:
Cyber-enabled crime: These are crimes that are traditional in nature but are facilitated by the internet and related technologies. Examples include fraud, drug trafficking, and human trafficking. The internet is used to communicate, plan, and carry out these crimes, but the core illegal activity is not necessarily new.
Cyber-dependent crime: These are crimes that are exclusively committed through the use of computers and networks. Examples include hacking, malware distribution, and distributed denial of service (DDoS) attacks. These crimes could not be committed without the use of technology and the internet.
Preventing and combating cybercrime requires a combination of technical, legal, and regulatory measures. This includes implementing strong cybersecurity practices, educating users about online safety, and enforcing laws and regulations that address cybercrime. International cooperation is also important, as cybercrime often crosses national borders.
Cybercrime in India is governed by the Information Technology Act, 2000 (IT Act) and its subsequent amendments. Penalties for cybercrimes in India vary depending on the nature and severity of the offense. Some common cybercrimes and their corresponding penalties include:
Unauthorized access to computer systems or networks (Section 43): Up to three years of imprisonment or a fine of up to INR 500,000 (approximately USD 6,700), or both.
Cyberterrorism (Section 66F): Life imprisonment and a fine.
Cyberstalking (Section 66A): Imprisonment of up to three years and a fine.
Publishing or transmitting obscene material online (Section 67): Up to seven years of imprisonment and a fine.
Identity theft (Section 66C): Imprisonment of up to three years and a fine.
Hacking (Section 66): Imprisonment of up to three years or a fine of up to INR 500,000 (approximately USD 6,700), or both.
Fraud (Section 66D): Imprisonment of up to three years and a fine.
Cyber defamation (Section 66A): Imprisonment of up to three years and a fine.
Pornography (Section 67B): Imprisonment of up to five years and a fine.
Cyberbullying (Section 66A): Imprisonment of up to three years and a fine.
Cyber extortion (Section 383): Imprisonment of up to two years or a fine, or both.
It is important to note that these penalties can be more severe for repeat offenders or for those who commit more serious cybercrimes. Additionally, the punishment may vary based on the specific provisions of the IT Act and other relevant laws.