Key Points
As per a ToI report, Pratishtha Shah, 52, found herself entangled in an online fraud case..
A phone call to her husband disclosed that her UPI account had been linked to an internet fraud case as a result of her teenage son's occasional use of the account to buy bitcoins...
As the day progressed, she received more alarming news: the police froze the bank accounts of her father-in-law, to whom she had sent money, the grocery store where she bought, and the gym where she paid the membership fee online, in addition to her own...
In cases of financial fraud, scammers transfer money to various accounts, making it challenging for authorities to trace the trail..
Cybercriminals use intricate methods to obscure the money trail, passing stolen funds through multiple accounts before converting them into bitcoins or withdrawing from ATMs..
