The Allahabad High Court has granted anticipatory bail to Vivek Jaiswal, who is accused in a Rs 95 crore cyber fraud case. Justice Gautam Chaudhary issued the order, stating that Jaiswal would be released on bail in the event of his arrest.
The case originated when Azamgarh police uncovered an organized gang operating a cyber fraud scheme under the guise of an online game called "Cricket Buzz". Seven members of the gang were apprehended in Pandeypur, which falls under the Badalpur police station area of Varanasi.
According to police reports, the gang allegedly defrauded victims of approximately Rs 95 crore through 208 bank accounts, with Rs 1 crore being frozen. An FIR was filed at the Cyber Crime police station in Azamgarh, citing various sections of the Bharatiya Nyaya Sanhita (BNS), the Public Gambling Act, and the IT Act.
The modus operandi of the gang involved luring individuals to a website via platforms like WhatsApp, Telegram, and Facebook. They enticed users with promises of doubling or tripling their money through online games or tasks, subsequently transferring the funds to fraudulent accounts.
In granting anticipatory bail, the High Court stipulated that Jaiswal must cooperate with the trial and investigation. He is required to be present on time and has assured the court of his willingness to participate in the legal process and appear whenever required.
Cyber fraud has been a growing concern, with fraudsters employing increasingly sophisticated methods to deceive individuals. In a similar incident in Bengaluru, residents lost Rs 95 lakh to fake videos. These videos, featuring prominent figures, were used to lure victims into investment schemes. Such cases highlight the importance of vigilance and digital literacy to avoid falling prey to cyber scams. The Allahabad High Court had previously sought detailed data on cyber fraud cases, demonstrating the judiciary's concern over the rise in such crimes.