The CB-CID of Tamil Nadu police busted an inter-state iridium scam network with the arrest of six individuals for allegedly impersonating RBI officials and defrauding victims to the tune of Rs 5.65 crore, the police said on Friday.
The gang reportedly targeted at least 23 people across various states using a sophisticated operation involving fake interviews and forged documents.
According to the CB-CID, the matter came to light after a victim from Coimbatore reported being cheated of Rs 3 crore by a group posing as businessmen in the iridium trade.
The victim was informed that several crores of rupees were held in the RBI which would be released upon payment of Rs 10 lakh as processing charges.
After the initial payment, the victim was taken to New Delhi to meet individuals who impersonated officials from the RBI Foreign Exchange Department.
The accused allegedly wore fake RBI identity cards and conducted an official interview, which included the collection of biometric fingerprints to instill belief in the victim.
They also issued forged documents such as credit advice and dispatch orders while misusing the name and emblem of the RBI.
Additional sums were later taken from the victim on various pretexts, including payments to expedite the release of funds.
A case was registered in the Krishnagiri CB-CID unit for cheating, criminal conspiracy, impersonation, and fabrication of forged documents, a release from the police said.
On February 9 and 10, six special teams comprising 25 police personnel arrested the accused persons with the assistance of local police from multiple states, it added. -- PTI
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