A Call, Digital Arrest, Rs 7 Crore Transferred: How Vardhman Boss Was Duped
NDTV
SP Oswal, chairman and managing director of the textile manufacturer, was put under digital arrest on August 28 and 29 and made to transfer Rs 7 crore into multiple accounts
A fraudster impersonating Chief Justice of India DY Chandrachud, a fake virtual courtroom and documents closely resembling original ones were part of the elaborate plan through which Vardhman Group head SP Oswal was duped of Rs 7 crore.
Mr Oswal, chairman and managing director of the textile manufacturer, was put under digital arrest on August 28 and 29 and made to transfer Rs 7 crore into multiple accounts. Police have managed to freeze these accounts and recover over Rs 5 crore so far. The 82-year-old industrialist spoke to NDTV about how the fraudsters convinced him that he was under probe in a money laundering case.
The First Call
Mr Oswal told NDTV that he received a phone call on September 28 (Saturday). "I was told my phone would be disconnected unless I press the button '9'. I pressed '9' and a voice on the other side said he was calling from CBI's Colaba office. He mentioned a mobile phone number in my name and said someone took the connection by misrepresenting me."
